Infographic: Mortgage Pre-Approval 101
Getting your buyer clients pre-approved for a mortgage takes them one important step closer to securing the home of their dreams.
Written by Jay Thompson on May 8, 2014
Getting your buyer clients pre-approved for a mortgage takes them one important step closer to securing the home of their dreams. Pre-approval shows sellers and their agents that your client is serious, it proves your client is credit-worthy and, in competitive markets, it helps you and your client move fast on the house they want. Many times, sellers will not even engage with a buyer if they are not pre-approved.
Here's a nifty infographic you can share that shows why it's important to get pre-approved:
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Infographic originally published on the Zillow Blog.
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