Know Before You Owe Posted on November 16, 2017 by socialmedia by Lenders are packaging pre-approvals in many different ways today. Some are using rockets, colored buttons, fancy names and clever animation. We believe consumers are better off armed with more facts and less flash…after all, the real issue is, can you get financing to purchase a home? Here is our best advice.A pre-approval should be offered at no cost with no obligations. If a lender has the opportunity to assist you with a pre-approval, they should be happy to provide that service and have the opportunity to earn your business. A valid pre-approval must ALWAYS include accessing your credit report. Lenders who claim they can offer a valid pre-approval without accessing your credit are not offering you a valid pre-approval. They are only trying to generate leads. Find a new lender. Your lender should be willing to spend time discussing your home purchase goals. Developing a plan and issuing a pre-approval go hand in hand. Your pre-approval should reflect the plan you have discussed with your loan officer. Buyer Advantages of being Pre-Approved Knowing what loan program is best for you Being confident on how much you can afford Estimate of monthly payment Estimate of funds needed for closing You and your real estate professional can write your offer to purchase with confidence The pre-approval letter shows the seller you are a serious buyer You have questions; your Loan Officer will help you with the answers. What goes into the mortgage loan process? What can I expect? What is pre-approval? Contact your Wisconsin Mortgage Corporation Loan Officer today for more information on how to become pre-approved, as well as any other mortgage questions you may have. Tags: Buyer, Home, home purchase, Letter, Loan Officer, Mortgage, pre-approval, Questions, Wisconsin Mortgage Corporation Loan Officer Categories: First Time Home Buyers, Home Buying, How to, Mortgage Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ Home Property Search Map Search About Me My Listings My Recently Sold My Reviews Videos Contact Me Reset Password Enter the email address for your account and we will email you instructions on how to reset your password Email* Reset My Password × Sign In Email* Password* Sign In Reset Password New to myShorewest? Create an Account First Name* Last Name* Email* Passwords must be at least 8 characters Password* Repeat Password* Create Account × Forgot Your Password? Enter the email address for your account and we will email your password to you. Email* Retrieve My Password × Welcome Back Welcome back to your myShorewest account. Take me to my Account Stay on this page × Save This Search Name Your Search* Send me property updates that match this search Email Frequency Every 2 Hours Daily Weekly Login to Save Search Email* Password* Sign In Forgot password? × Help Me Find A Home First Name* Last Name* Email* Phone** What are you looking for in a home? Help Me Find a Home **By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan. × Help Me Sell My Home First Name* Last Name* Email* Phone** Address Message Help Me Sell My Home **By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan. × What's My Home Worth? Example: N11W44100 River Ln, Waukesha, WI 53186 Get A Home Value × Home Valuation Report × Schedule A Showing , , Please complete the contact information below and we will respond to your inquiry as quickly as possible. Date and Time Preference for showing Date Time First Name Last Name Email If you are currently working with a Shorewest agent, please enter the first few letters of their FIRST name and select from the choices that appear. Preferred Phone #** Agent Name Additional Comments or Feedback Schedule a Showing Or contact me directly at: 262.206.1162 or [email protected] **By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan. × Property Notes History Notes for: 2370 N. 100th St., Wauwatosa, WI 53226 MLS #: 23156413 ADD A NEW NOTE Add Note × Property Notes History × Edit Your Property Price Tracker Tracker for W179051 N907151 County Road 187, Chippewa Falls, WI 53224 Set a Price Tracker for this property by entering your target price below. You can esily view your price trackers from your Price Tracker page. Save Price Tracker Price Tracker History Remove tracker Price Tracker for: $10,200,000 Price Tracker for: 12/21/2015 Days On Market: 62 Days Original List Price: $13,000,000 Current Property Price: $12,200,000 Remove tracker ×