CBG  Home Loans


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Home Protection Plan
Financing
  Loan Preapproval

When you're under contract to buy a property, having your mortgage application denied (after waiting several weeks) may cause you to lose the property after having spent hundreds of dollars on loan fees and property inspections. Even worse, you may lose the home that you've probably spent countless hours searching for and a great deal of emotional energy to secure. Some house sellers won't be willing to wait or may need to sell quickly. If the sellers have other buyers waiting in the wings, you've likely lost the property.

For assistance contact
Audrey Poursine
Audrey Poursine
Audrey Poursine
Mortgage Advisor
Cell 314-753-4688 | Email
How could you have avoided this heartache? Well, you may hear some people in the real estate business, particularly real estate agents and mortgage folks, advocate that you go through mortgage pre-approval.

Loan pre-approval is based on documented and verified information regarding your employment, your income, your liabilities, and the cash you have available to close on a home purchase. A loan pre-approval is an approval based on a complete credit profile.

Going through the pre-approval process is a sign of your seriousness to house sellers -- it places a sort of a Good Borrowing Seal of Approval on you. A lender's pre-approval letter is considerably stronger than a pre-qualification letter. In a multiple-offer situation where more than one prospective buyer bids on a home at the same time, buyers who have been pre-approved for a loan have an advantage over buyers who haven't been proven creditworthy.

Coldwell Banker Home Loans offers no cost, no obligation approvals so you can buy or sell, and buy with confidence.

Dierbergs Fenton Crossing, 516 Old Smizer Mill Road, Fenton, MO. 63026
Phone: 636.343.1500 | 636.677.6000   Fax: 636.343.4630   Email: info@cbgundakerfenton.com