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.​..

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Security First Financial is a division of Primary Residential Mortgage, Inc. PRMI NMLS 3094. Branch NMLS ID# 385589. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms, and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. Colorado – Regulated by the Division of Real Estate, UCCC #987701-016. Arizona – Arizona Department of Financial Institutions 0902614. Massachusetts – Licensed by the Massachusetts Division of Banks as a Broker and Lender as #MC3094. Florida - Florida Office of Financial Regulation MLD646. Texas - This office is licensed and examined by the Office of Consumer Credit Commissioner of the State of Texas. 

Your opinion is greatly appreciated, we thank you for visiting this website of Primary Residential Mortgage, Inc. If you have specific questions, comments, concerns, or complaints we invite you to contact us by the email shown here: ConsumerVoice@primeres.com. Emails received during business hours should receive a response within 48 hours, excluding weekends or holidays.

Primary Residential Mortgage, Inc. is licensed under the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking through one of the means indicated below: In Person or U.S mail: 2601 North Lamar Boulevard, Suite 300, Austin, Texas 78705-4294, Telephone No. (877) 276-5554, Fax No: (512)475-1313 Email: consumer.complaints@dob.texas.gov Website: www.dob.texas.gov

Consumers wishing to file a complaint against a mortgage banker or licensed mortgage banker residential loan originator should complete and send a complaint form to the TX department of savings and mortgage lending, 2601 North Lamar Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery find must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

 

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