Getting Pre-Approved: Your First Step to Homeownership in Richmond

Before you start browsing open houses or scrolling through listings, getting pre-approved for a mortgage should be your top priority. Pre-approval is more than just a rough estimate—it's a lender's commitment to loan you a specific amount based on your financial situation, giving you a clear picture of your buying power.

Why Pre-Approval Matters: In Richmond's competitive market, sellers want to work with serious buyers. A pre-approval letter shows you're qualified and ready to move quickly when you find the right home. It also helps you avoid the disappointment of falling in love with a property outside your budget.

What You'll Need: Lenders will review your income, employment history, credit score, debts, and assets. Come prepared with recent pay stubs, tax returns, bank statements, and information about any outstanding loans or credit cards.

The Richmond Advantage: As your local Richmond realtor, I work with trusted mortgage professionals who understand our market and can often expedite the process. They'll help you explore various loan options, from conventional mortgages to VA loans and first-time buyer programs available in Virginia.

Ready to take the first step? I can connect you with reputable lenders who will guide you through the pre-approval process and get you one step closer to owning your dream home in Richmond.