Why Get Pre-approved for a Southern New Hampshire Home Loan?

There are a few things you can do to make the process of buying a new Southern New Hampshire home easier and faster.  Getting pre-approved for financing is one of them.  Here are four advantages of having a loan pre-approval:

REALTORS® Take You Seriously

When you walk into an agent’s office with pre-approved financing, the agent knows he is not wasting his time showing you homes. If you do not have pre-approved financing, be prepared for agents to ask a lot of questions and even possibly request that you get financing in hand. They are not trying to be invasive. They are avoiding "tire kickers" while helping you streamline the process.

Home Sellers Feel More Comfortable Dealing with You

When you have pre-approved financing, sellers are more apt to work with you on price or other needs in order to close the deal. They know that there are not going to be contingencies on a loan, or waiting and wondering if you qualify for the loan. They know they don't have to worry about turning other prospects away and then finding out you haven't been able to get a loan.

Fast Closings

Getting pre-approved for a loan means no waiting on the biggest of all hurdles before closing.  Other items needed to close on a Southern New Hampshire home purchase usually move quickly, but loan applications can drag out and require setting a closing date far into the future to allow for the time needed. 

Less Stress

Above all else, having your financing in hand before you even begin to look for the perfect Southern New Hampshire home makes the entire process less stressful for you. Knowing you have the money to back you up when you find the home of your dreams is much better than finding paradise and having to worry about getting financed and possibly losing it.

If you would like to find out more about pre-approved home loans, I can help. Contact me at 603-821-1134 or Dave@DaveHeeter.com.