Looking for your dream home in Florida?
Knowing how much you can afford is an essential part of the process. Falling in love with a property that’s outside your price range can be disappointing and frustrating, but with a Mortgage Pre-Approval, you’ll have peace of mind and a competitive edge.
A Mortgage Pre-Approval is a document from your bank or lender stating how much of a mortgage they are willing to give you. This ensures that you can afford the homes you view on the market and won’t have any problems arranging to finance. Additionally, it shows sellers that you’re a serious and prepared buyer, giving you an advantage when making an offer.
At EZ Realty & Investment Group, Inc, we understand that securing a mortgage can be overwhelming. That’s why our sister company, EZ Funding Group, Inc, can help you get pre-approved for the mortgage and choose the right mortgage that fits your needs. Whether you’re a first-time homebuyer or looking to refinance, we’re here to guide you every step of the way. Contact us today to learn more about our mortgage services!
How much of a home Can You Afford?
Banks and lenders use specific criteria, such as your income, expenses, credit history, and employment status, to determine how much of a mortgage they’re willing to offer you. Getting pre-approved for a mortgage is a straightforward process that can usually be completed in a day. This step is essential because it helps you shop within your price range with confidence. For instance, if you qualify for a $250,000 mortgage and have an additional $100,000 available as a down payment, you can look for homes in the $350,000 range.
If you have any questions about arranging finance, please don’t hesitate to contact us by phone, email, or by submitting the form below. As a sister company to EZ Realty & Investment Group, Inc, EZ Funding Group, Inc, can also assist you in getting pre-approved for a mortgage and help you select the right mortgage that fits your needs.