As a Ready, Set, Home! Certified Home Buyer, Union Home Mortgage verifies your financial assets, employment and income upfront, giving you full approval to purchase a home. Funding is secure and you can shop for your new home with more confidence and peace of mind knowing the offer you make will stand out from competing buyers and get accepted faster.
With prequalification, it’s an estimate for credit based on the information you provide to a lender, but it is not a complete verification of your income and financial assets. While the prequalification process is quick and easy, it does not secure financing for a borrower.
Getting Pre-Approved is Better
A mortgage preapproval goes a step beyond pre-qualification that allows you to determine how much home you can afford. This process involves submitting documentation to the lender for evaluation with an estimated interest rate offer and maximum principal amount.
Being Certified Home Buyer is BEST!
