Once you find your home, things tend to move quickly. In today’s highly competitive market where multiple offers are common, applying and then waiting to get a mortgage approved can keep you from getting your offer accepted, and you into the home of your dreams.

A mortgage preapproval lets you shop smarter and make stronger offers, getting everyone to the closing table before your buying competition.

Getting preapproved before home shopping can help you:

• Increase your buying power
• Shop with confidence knowing you’re in the position to close quickly
• Know your budget, keeping you focused on homes
• Demonstrate your creditworthiness
• Get to the closing table faster