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Get Pre-Approved

Does it Help to be Pre-Qualified by a Lender?

The pre-qualification process can be completed fairly quickly, based on less information than is required for getting pre-approved. While it is fast and it does help, a pre-qualification letter is an opinion from a lender of the maximum amount of real estate you can qualify for. In a competitive seller’s market, an offer from a buyer with a pre-qualification letter could lose out to a person who is pre-approved.

Get Pre-Approved by a Lender

There are several benefits to going the extra mile and getting a pre-approval letter. First of all, you will know exactly how much real estate you can afford. When you find a property you want to buy, your offer will be in a better positioned than someone less prepared. Finally, being pre-approved is more efficient; it reduces the amount of time it will take your lender to fund your loan. Be prepared to provide comprehensive documentation, which the lender may independently verify, including but not limited to:

  • Job and career status
  • Income
  • Monthly debt payments
  • Cash available
  • Total assets and debts

What PeopleAre Saying

Your hard work paid off as we are able to see a contingency offer turn into out purchase. Thank you for representing with the purchase of our new home.

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Thank you for representing with the purchase of our new home. Your hard work paid off as we are able to see a contingency offer turn into out purchase.

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Excellent service and attention to detail. Very professional and extremely helpful in providing her honest opinion regarding the pros and cons of each property and area we evaluat...

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We have used Judi for 3 home purchases and 3 home sales in the last 6 years, all in different areas of Tampa. She is extremely thorough, detailed and knowledgeable. Judi knows the ...

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Judi was referred to be our agent to sell our home due to my job relocation. She called us within a day of referral, and both my husband and I could tell from our meeting with her ...

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I was brand ne to Tampa, coming from New York. Judi was not pushy at all. She just showed me and explained things. Exactly what I was looking for in a realtor.

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My wife and I were referred to Judi Beck by an out-of-town Real Estate Agency due to my job relocation. Judi called me within a day of the referral and I could tell from my conver...

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Judi is a true professional and truly knows and understands Tampa Bay real estate. I worked with other agents on the sale of my home in Cory Lake Isles and she far surpassed all of...

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Judi was our agent when we bought our home in New Tampa a few years back. She was extremely resourceful and amazingly responsive (responding to texts and emails at all hours almost...

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Judi is the perfect person to be a realtor. She goes beyond her duties. My house needed a few repairs and she was able to find a contractor to fix the problems. I will contact her ...

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