Get pre-approved
Getting pre-approved is one of the most important and non-negotiable steps in the buying process. Before we step inside the first home, you need a strong pre-approval letter in hand. If you’re paying cash, we’ll need current proof of funds instead.
This establishes a realistic budget and shows sellers that you’re qualified, prepared, and ready to move forward. We don’t want you to miss the right home because the financial groundwork wasn’t completed first.
PRE-QUALIFICATION VS. PRE-APPROVAL
- Pre-Qualification: A preliminary estimate based primarily on information you provide.
- Pre-Approval: A more thorough review of your credit, income, assets, debts, and overall financial picture. This is what sellers and listing agents expect to see with an offer.
Pre-approval clarifies your budget, strengthens your negotiating position, and reduces the risk of financing surprises after you go under contract. It requires a little effort upfront, but it can save a tremendous amount of stress later.
When you work with CIMG, our trusted local lending partner, they’ll break down your anticipated down payment, closing costs, upfront expenses, and estimated monthly payment at different price points. They’ll also account for property taxes, insurance, mortgage insurance, and HOA dues when applicable.
The result is a clear, realistic understanding of what each home may cost, both at closing and month to month. That clarity allows you to shop strategically and move forward with confidence.
