4 Reasons to get Pre-Approved for Your Mortgage

When working with our clients, we always encourage them to get pre-approved for a mortgage. We want everyone we work with to have the best chance of getting the home of their dreams. We also want them to avoid any possible heartache or disappointment. Knowing what you can afford gives you the best chance to get that perfect home!


Mortgage pre-approval is when a bank or lender gives you written proof that you are able to borrow up to a certain amount of money to buy a home. This proves that you have the ability to buy the homes you want to put offers in on. They base this approval on your income, current assets, and employment. Normally, these pre-approval letters are good for 60 to 90 days.


#1) They Show You Mean Business

Mortgage Pre Approvals are proof from the lender that you WILL be able to borrow X amount of money to buy a home. It’s not just an estimate! You will be able to get a loan for the pre-approval amount if you so choose. So it shows you mean business!

#2) You know exactly what you can afford.

No one wants to get in trouble on a new home and no one wants to find their dream home, only to realize they can’t afford it. A mortgage pre-approval lets you know what you can afford and allows us to have realistic expectations as we find that perfect place.

#3) Gives your offer POWER!

When a seller sees that you are pre-approved, they instantly know your offer is safe. When there are multiple offers, your offer will be secure, whereas someone without pre-approval will simply be an unknown and carry more risk. Also, your pre-approval gives a lower offer a better chance to be accepted. Eager sellers see that you are a sure thing and may even accept a lower offer because there is less risk.

#4) It saves you time.

Mortgages take time. When you are pre-approved for a mortgage the process speeds up. When we work through closing, you are steps ahead of the game and your mortgage will finalize much more quickly. This means easier and faster closings! You can get into your new home sooner and start making it your own.

If you are serious about buying a new home in Holland or West Michigan, get a pre-approval from your lender. Show your agent, the sellers, and everyone that you mean business! If you need recommendations for great lenders in West Michigan, please contact me. I can get you in touch with some of the best in the business who would love to get you pre-approved for a great loan.

Happy house hunting!

Kyle Geenen

(616) 795-0014

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