Step 6: Financing

At this stage in the process, it’s time to obtain a mortgage pre-approval. This is a crucial step for any serious homebuyer, as it shows sellers that you are financially qualified and ready to make an offer. A pre-approval gives you a clear understanding of your budget, helps narrow down your home search, and can give you a competitive edge in a fast-moving market.

Having a pre-approval in hand:

  • Demonstrates to sellers and their agents that you’re a serious and qualified buyer

  • Helps you understand your true buying power and monthly payments

  • Streamlines the offer process and can speed up the closing timeline

  • Reduces surprises by identifying potential credit or financial issues early

To make this step easier, we’ve put together a list of trusted, local lenders we’ve worked with and recommend:

A woman with blonde, shoulder-length hair and a nose piercing is smiling outdoors, wearing a navy blazer over a white top. There are colorful flowers and green trees in the background.

Jenn Wright

Flat Branch Home Loans

Professional headshot of a man wearing glasses and a dark blue suit with a white shirt and patterned tie, with the logo of Bank of Springfield at the bottom.

Mitch Wilson

Bank Of Springfield

A smiling woman with shoulder-length brown hair, wearing a pink blazer and a white top, standing in front of glass art installations.

Shay Moore

New American Funding

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Jim McMurry

First Federal Savings Bank