When looking to buy a home, most will find a home they like and then seek out a bank or lender. You will typically be advised to speak with someone prior to looking for a home and get pre approved. That is what you will hear from realtors and lenders alike. A pre approval does not guarantee you will be able to buy a home. It is a quick peak at your current status and informs all parties that you have attempted to seek out financing. However, there is a better way to do it. Wouldn't you like to know that when you begin your search for a home you are not just pre approved but you are approved for a loan thru underwriting and once you find your home you can close in two weeks? How is that possible, you may ask. By partnering with Movement Mortgage that is possible and not only does their process make your purchase process smoother, but it allows you, the buyer to be in the same position as a CASH buyer...yes just like cash. Being approved thru underwriting means the money is waiting at the bank for you to pay for that perfect home! If you make an offer on a home and you have a guaranteed loan that only needs an appraisal and inspection approval you are showing a seller you can buy. Should there be a multiple offer situation, this makes you a strong buyer. In many situations, a seller will take a little less from a buyer who has the money over a buyer who has to go thru the process and find out if he or she qualifies and can get thru the underwriting process. Once you are approved with Movement Mortgage with their process, your approval is good for 90 days. You don't have to wait until you are ready to buy. You can get it done months in advance and take the time you need to find the home of your dreams.
For more information, contact our preferred lender MOVEMENT MORTGAGE contact Huss Fennell by calling him at 843-957-4996 or your realtor at Wave Beach Realty today!