The Pre-Approval Letter

Shopping for a new home is so exciting – checking out the neighborhood, imagining how you would decorate the kitchen, picturing the garden you would plant in the yard out back. Even little details can mean a lot – like noticing there is a window over the kitchen sink, just like you always wanted.

The process of looking for your new house can be made much easier if you have a pre-approval letter. Talk to your Bankers Trust loan officer about obtaining one from the bank before you actually begin going out and looking at home. He or she will explain the process you need to go through to be pre-approved.

Having a pre-approval letter in hand from a reputable mortgage lender such as Bankers Trust means you can look at potential new homes with confidence. Some consumers prefer to work with an experienced real estate agent who can assist them in making the best use of their time by viewing properties that closely match their needs. Others feel more comfortable doing research and looking at listings on their own.

Regardless of the method you choose, being pre-approved by Bankers Trust will give you a good idea of how much you can afford to spend. Embarking on your house hunt knowing that the finance of your mortgage loan is pre-approved by Bankers Trust allows you to shop with confidence. Without worrying about your mortgage loan, you can focus on making one of the most important decisions of your life, choosing the home you and your family will live in free of distraction.

Once you are ready to make an offer, you will be taken more seriously by the seller if you can demonstrate pre-approval.