A mortgage lender will be able to take your financial information and determine what amount you will be able to borrow. Having your pre-approval letter in hand before starting to search for the perfect home will save time and make sure you don't miss out on the perfect home opportunity. The pre-approval letter will accompany an offer.
If you've got the money in the bank and you are ready to purchase your home in cash, that's great. I will Inform you as to your closing costs and we will need a proof of funds to supplement any offers. You can acquire a proof of funds from your financial advisor or your banker to show that you have a balance that meets the purchase price.
If you need help searching for the perfect lender, we have some to recommend- contact us at 515-446-8856 we would love to help!