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Pre-Approval for a Mortgage Could Help Secure You a Home

Mortgage Pre-Approval

Is getting pre-approved for a mortgage important? Definitely! Getting pre-approved should be a vital step in your home-buying search. You can contact your financial institution, lenders or mortgage brokers to assist you with securing a pre-approval letter. The following are a few reasons why you should get pre-approved prior to heading out to open houses.

  1. Gives you a clear understanding of how much you may be able to afford on a property.
  2. Informs the seller that you are serious and ready to act compared to the rest of the competition.
  3. If you are not able to get pre-approved, it will inform you of what you need to work on to qualify for a loan in the future.

The pre-approval letter doesn’t mean you are guaranteed the loan, but is the first step in the whole loan-approval process. Be ready by gathering up tax records, pay stubs and bank statements should any additional information be needed. The process will be a lot smoother and with less headaches the better prepared you are today.


Taba Realty & Development, LLC is a full service Kauai real estate company that offers assistance with buying and selling Kauai real estate and also assisting owners with their Kauai property management needs. Please contact us at (808) 742-7110 should you have any questions in regards to our services and you will discover why Taba Realty is the premium choice for all of your Kauai real estate needs.