Let’s cut through the BS – if you’re REALLY serious about buying a home, you need to be pre-approved. In today’s competitive market, where homes are going under contract in hours, not days, you need to have that pre-approval in your arsenal from Day 1 of looking at homes. The minute you find that house that you fall in love with and meets all of criteria, you want to make the offer and you cannot waste time getting pre-approved. That time after could be the difference between you getting the house and losing it to someone who was already pre-approved like you should have been from the beginning. This week, local lender expert, Jim Martin of Movement Mortgage takes us through understanding what pre-approval is and why it is important to have it with you at the onset of your home buying experience. TALKING POINTS (3-5): • Have Jim introduce himself • What is a pre-approval or pre-qualification? • What is the difference between a pre-qualification and an underwritten pre-approval (include discussion of documentation required and why it’s important to have it turned in up front)? • Discuss credit score • Explain debt-to-income ratio • PITI • Cash to close • Funny story - Kiddie Condo • Final thoughts • Equal housing lender, MLS 145336, licensed in PA, VA, FL and NY LINKS: JIM: https://movement.com/lo/jim-martin/ JASON: https://jasonwilco https://www.zillow.com/profile/jasonwilcox1987/ https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber https://www.facebook.com/jason.wilcox.186 https://twitter.com/jason_wilcox1 https://www.instagram.com/jason.wilcox1/ CONTACT INFORMATION: JIM: Equal housing lender MLS #145336 Licensed in PA, VA, FL, and NY Cell Phone: 412-418-1536 Email: Jim.Martin@movement.com JASON: Cell Phone: 412-651-4638 Email: jason.wilcox@pittsburghmoves.com
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