​​​​​​​3989 Elmcrest Road
Liverpool, NY, 13090, US
Office: (315) 458-8121

Get Pre-Approved

If you have any more questions or would like more information about getting pre approved please Contact Us. If you are looking to sell your home or buy your next dream home visit our Buyers Page or Sellers Page for helpful tips and tools.

Get Pre-ApprovedMost mortgage lenders take the guess work out of applying for a loan by figuring out for you the amount you can afford to borrow. Then, they give you a printed document stating the maximum mortgage amount you qualify for based on your particular finances and income. Mortgage pre-approval establishes your price range and strengthens your buying position by letting the Seller know that you have already been approved for the loan. It can also ease time constraints once the purchase agreement in signed between Buyer and Seller.

 

Consider these Scenarios:

You're out looking at homes. Your Real Estate Broker never mentions that you should get pre-approved and just ballparks what you can afford. Of course, the more house he shows you, the better he usually comes out. You find the perfect house and work out a deal with the Seller. Three weeks later, the lender informs you that the house is $10,000 over what you qualify for and does not approve your loan. The Seller has already bought another house. You've given notice where you're renting and told all your friends about the great house you bought. And then, there's the money you've already spent on inspections on a house you can't own.

You and your REALTOR® have been working diligently finding that "perfect" home. A new listing comes on the market that's priced right and has got everything you've been looking for. You write an offer. Your REALTOR® takes it to the listing REALTOR® and is informed that another offer is coming in and will have to present both offers simultaneously to the Seller. The other Buyer is pre-approved for his loan. Whose offer do you think the Seller will negotiate first?

Should You Get Pre-Approved for a Loan First? Most Definitely! For more information on getting pre-approved let us know.

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REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to it's strict Code of Ethics.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of CNYIS, powered by CNYIS. Real estate listings held by firms other than Excel REALTORS®, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Excel REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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​​​​​​​3989 Elmcrest Road
Liverpool NY  13090
(315) 458-8121
(855) 219-6614
Fair Housing and Equal Opportunity Fair Housing and Equal Opportunity