At Gator Realty we want to make the home buying process as easy as possible.
Mortgage Preapproval is step #1

Want to know the fastest way to land your dream house once you find it? Have a mortgage preapproval letter ready before your eyes land on the listing.

While getting preapproved before you buy your house takes preparation and patience, being preapproved can make you more attractive to sellers and speed up the home-buying process, which is great when you’re competing with other buyers in a hot market.

Still not convinced a preapproval is for you? Here are the benefits and costs to the mortgage preapproval process.

What about prequalification?

Most agents require buyers to get prequalified to purchase a home — but don’t confuse this process with preapproval. Prequalification is a much quicker process, but you’re given the OK based on information that you provide, so nothing is official when it comes to your eventual loan.

Benefits to mortgage preapproval

The preapproval process takes a little longer than prequalification and probes deeper into your credit, but it gives you extra time to address unexpected entries on your credit reports, gives you an actual dollar amount that your mortgage is approved for, and might even give you a sense of the interest rate you’ll be charged.

You’ll also get a conditional commitment to the loan amount, which will give you an advantage with sellers, and you’ll be able to set your sights on homes within your reach. Any offer you make won’t have to be contingent on financing since you’ve already got that covered!

Below you will find the links to two of our most trusted mortgage experts. Simply click on either logo and you can begin the preapproval process safely and secure from the comfort of your home. It only takes a few minutes to complete. We will then follow-up with you to discuss step #2, finding your dream home.