During a new home purchase one of the most important things a buyer can do is get pre-qualified for financing. This entails having their credit pulled and providing all the required financials to a loan officer for review. Once it has been determined by a loan officer that the buyer meets the requirements for a loan a pre-qualification letter can be issued by the loan officer.
One step better than a pre-qualification letter, is a conditional approval letter. This can be obtained by fully submitting your loan application and supporting financial documents to a lender to underwrite. Once a decision has been made you will receive a conditional approval with a list of conditions that will need to be met in order to close the loan. The conditional approval subject to a property address, although not necessary, will provide even more comfort to a seller knowing that the buyer’s offer stands on solid footing with a particular lender.
Here at West Cal Financial we have helped many buyers over the years secure financing for a home purchase while also acting as the buyer’s agent. When the market is hot and multiple offers are on the line it is important to have a trust worthy agent and loan officer on your side. Not only are we agents and realtors we are brokers running our own company and work with over 50+ lenders on a daily basis. The ability to help negotiate a great deal and back it up with the best and most affordable financing is something every buyer should desire and demand of their agent.
For More Information on getting approved for a loan, while getting the best rate and lowest closing costs click "FIND OUT MORE" below.
We love our customers, so feel free to visit during normal business hours.
1775 Indian Valley Road, Novato, California 94947, United States
09:00 am – 05:00 pm