Confidential Mortgage Pre-Approval
Obtain the Best Rates & Lowest Closing Costs in Hawaii
When you are ready to purchase a home in Hawaii, it makes sense to negotiate from the strongest position possible. It's always true, but especially in a strong real estate market, sellers can be more selective in screening the buyer they choose to negotiate with. During those cycles of a crazed seller's market, it's not uncommon for a home seller to receive multiple offers on their property. With that said; there are certain things you can do in any market condition to make sure that your offer is the one Seller will strongly consider.
The vast majority of Purchaser's today go about the process entirely wrong, putting themselves at an overwhelming disadvantage!
Let's look at this from the Sellers perspective for a moment. If you were the Seller and had multiple offers on your property, all other things being equal, would you accept the one with Proof of a Loan Approval or the one that was still conditional on Financing? The answer is obvious. Why then, do so many buyers wait to start the financing until after they have found a home they want to buy?
What I have found is that the buyers who procrastinate on getting pre-approved are usually very good, qualified buyers with excellent credit and they are not worried about getting approved. Even though they are usually correct and will ultimately receive an approval, the Seller doesn't have any assurance of this. Now the buyer is left with a disadvantage in negotiating the best possible price and terms. This principle of negotiating from the strongest possible position applies in all market conditions. There is never a negotiating disadvantage for having been pre-approved.
Lastly, from a cost savings perspective...
As a prospective home buyer, it makes far more sense to start the financing process early so you can get a firm estimate of your interest rate and closing costs. If you do this before finding a home, you are not under any time constraints, can shop the best lending deals and are less likely to over pay like a buyer who has found a home and is now scrambling to pull the lending together.
Should you decide that you wish to take advantage of a mortgage Pre-Approval, simply complete the attached request form. I will personally setup your Pre Approval appointment with a lender who offers great mortgage rates and the lowest closing costs possible for their program. They'll meet with you in-person or by phone and process your Pre-Approval application without any cost or obligation.