FREE Online Mortgage Pre-Approval

 

How much home you can afford?  Find out for FREE online today!

 

Now that you’ve decided it is time to look for a new home, it makes sense to always negotiate from the strongest position possible.  If you are a first time buyer, a move up buyer or even a move down buyer it is always in your best interest to find out how much home you can afford by getting pre-approved BEFORE you begin your home search. It's not uncommon for sellers to be selective in the final buyer they choose to negotiate with.  That said; there are certain things you can do to make sure your offer is the one the Seller chooses.

 

Most home buyers today go about the process entirely backwards, putting themselves at an overwhelming disadvantage!

 

Let's look at this from a Sellers perspective for a moment. If you were a Seller that had just received multiple purchase offers for your property, all things being equal, would you accept the offer that included lender documented loan pre-approval or the offer that was contingent on the buyer being able to secure financing?  The answer should be obvious. Why then, do so many buyers wait to start the financing until after they’ve found a home?

 

What we’ve found is that these buyers (those not yet pre-approved) are usually very good, qualified buyers so they aren’t worried about getting approved. Even though most are usually correct and will ultimately be approved for financing, the Seller has no guarantees of this and will often accept a lower price offer from a cash Buyer or a Buyer that has been pre-approved.   In many cases Sellers will not even accept an offer unless lender pre-approval is submitted along with the offer.

 

Lastly, from a cost savings perspective...

 

As a prospective Buyer, it makes all the more sense to start the financing process early on so you can get a firm handle on your interest rate as well as the various closing costs that will be incurred when you purchase a home.  Once pre-approved you will know exactly how much home you can afford which will ultimately save you time and money by not wasting time looking at homes that are either above or below your price range.  Often Buyers are pleasantly surprised to discover that they can actually afford more home than they had initially thought because they forgot to factor in the fact that their mortgage interest is fully tax deductible.  Buyer’s that wisely seek pre-approval before finding a home are not under any time constraints and are less likely to over-pay than Buyers who has found a home and is under strict time constraints to secure financing.

 

Should you decide to take advantage of this FREE online pre-approval, simply complete the attached confidential mortgage application (Simply fill in as much information as possible and click "submit").  NOTE: It is not necessary to answer every question but the more information you can provide, the more accurate your pre-approval will be.

 

Getting pre-approved has never been so easy!

 

 
Borrower Information:
 
Borrower (Full Name):
Date of Birth: (ex. dd/mm/yyyy)
Soc. Security #:
Residence Phone #:
Business Phone #:
Present Address:
City:
State/Province:
Zip Code/Postal Code:
E-mail Address
Years at Present Address:   Rent $ /month
or Own $
 
Previous Address:
City:
State/Province:
Zip Code/Postal Code:
Marital Status: Married
Separated
Unmarried (including single, divorced, or widowed)
  
Occupation:
   (Position & Title)
# of years:
Place of Employment:
  (Name & Address)
Previous Employer:
   (Name & Address)
Co-Borrower Information:
 
Co-Borrower (Full Name):
Date of Birth: (ex. dd/mm/yyyy)
Soc. Security #:
Residence Phone #:
Business Phone #:
If same as borrowers address
Present Address:
City:
State/Province:
Zip Code/Postal Code:
E-mail Address
Years at Present Address:     Rent $  /month
or   Own $ 
 
If same as borrowers address
Previous Address:
City:
State/Province:
Zip Code/Postal Code:
 
Marital Status: Married
Separated
Unmarried (including single, divorced, or widowed)
 
Occupation:
   (Position & Title)
# of years:
Place of Employment:
   (Name & Address)
Previous Employer:
   (Name & Address)
Gross Annual Income:
 
Borrower Co-Borrower
Self-Employed ? Yes    No Yes    No
Base Salary: $ $
Overtime: $ $
Bonuses: $ $
Commissions: $ $
Dividends: $ $
Net Rental Income: $ $
Other: $ $
 
Total: $ $
 
Do You Intend To Occupy This Property ?    Yes     No
Number of Children:
Ages:
Other Dependents:
 
Assets:
 
Checking: $  Bank:
$  Bank:
Savings: $  Bank:
$  Bank:
Credit Union: $  Bank:
Stocks: $
Bonds: $
Life Insurance: $
 
Present Residence  (If Owned):
Market Value: $
Morg. Value: $
Lender:
 
Other Assets (Specify):
 
Liabilities:
 
(List outstanding obligations including auto loans, mortgage payments,credit cards,
personal loans, and all other loans.)
 
Type Creditor's Name Unpaid Balance Due Date Monthly Payment
$ $
$ $
$ $
Total:   $ $
 
Additional Monthly Obligations:
Alimony:  $
Child Support:  $
Child Care:  $
 
Are There Any Judgements or Lawsuits Present?   Yes    No
Amount:  $
Is Any Part of the Down Payment or Settlement Costs
Being Obtained From a Source Other Than From Assets
Listed Above? 		  Yes    No
I hereby give my consent to have my credit report secured
from any credit reporting agency which you designate. 		  Yes    No
    

We take your privacy seriously.
Your personal information is collected for the purpose of sending you additional information about the real estate, mortgage, and affiliated products and services for which you requested information. If there is a service that we cannot provide for you we may have another agent or broker provide you with applicable information. Should you have any questions as to the collection, use, or disclosure of your personal information, please refer to the real estate marketing website privacy policy.

 
John Hall & Associates, 11211 N. Tatum Blvd - Suite 200, Phoenix, AZ 85028
Phone: 602-206-7988 Fax: 480-718-7742
james@newazrealty.com Privacy Policy