Gain the Buyer's Advantage with a Pre-Approval

Purchasing a home is a lot easier when you have gone through the pre-approval process with Security First Financial before you make an offer on a home...

What are the upfront fees to get pre-approved for a mortgage?

No fees are collected during the pre-approval process.

Why should you get a pre-approved for a mortgage?

Recently, the housing market has become more competitive. A pre-approval allows a mortgage underwriter to take a thorough look at your finances and credit history — uncovering any potential issues well before you’re obligated by contract to purchase a home.

What advantages does a pre-approval give you?

Because a pre-approval requires an underwriter to review your credit history, income, assets, and debt, you can obtain a clear estimate of how much you can spend on a new home. Understanding your budget will help you confidently negotiate with sellers. Plus, sellers will be more confident in you as a buyer. You’ll have an advantage over other buyers who haven’t been pre-approved.

Will my pre-approval expire?

If you don’t make an offer within 90 days of credit review, it will expire. If you need to renew your pre-approval, just contact us and we’ll help you.

What documents do I need to get pre-approved for a mortgage?

You’ll need the same documents as you’d need to get a mortgage:

  • Pay stubs from the past 30 days

  • Last 2 years federal tax returns & W2’s

  • Credit report—We can provide this for you

  • Two months worth of bank statements of all account types

What if I change my mind?

That’s perfectly fine. A pre-approval doesn’t mean you’re committed to getting a mortgage with us or anyone else. It simply helps you understand the home buying process and how much you can afford on a new purchase.

We’re here to help you get started.​..

*Pre-approvals are given to clients who have met qualifying approval criteria and specific loan requirements at the time of applications. Results may vary.