The Importance of Financing Pre-Approval

If you require financing, it is necessary to obtain a pre-approval letter from a Lender before you begin the search for your new home. Your Lender will outline what price you can afford as well as what type of loan best fits your financing needs.

  • Now that you have determined what you can afford, your LUX REALTOR® will be better equipped in finding your dream home.
  • Most Sellers will not accept an offer without a pre-approval.
  • In multiple offer situations, the offer with a pre-approval is more likely to be considered than an offer without a pre-approval. Don’t miss out on the opportunity to purchase your dream home!