PRE-APPROVAL FAQ

To be pre-approved, you must submit an application and verify your credit and financial history. After you receive your pre-approval certificate, you’re in a stronger position to close earlier and negotiate a better price. It’s highly recommended that you seek pre-approval if you are shopping for a home. Veterans Lending Group can help you through the process with our online application!

STILL HAVE QUESTIONS?

CONTACT US

WHAT IS PRE-APPROVAL?

A pre-approval is a written commitment from a lender to extend a mortgage to you for a specific amount and time period. This involves an analysis of your financial status and credit history.

WHAT ARE THE BENEFITS OF PRE-APPROVAL?

With a pre-approval, you’ll be able to set your budget, negotiate confidently and close faster. Realtors and sellers will often take your offer more seriously if you get preapproved prior to house shopping because it lets them know you are ready to make a deal. This will help streamline your process and help everything to run smoothly.

WHAT DO I NEED TO GET PRE-APPROVED?

  • 2 most recent pay stubs
  • 2 months of most recent bank or asset statements
  • 2 years of most recent federal tax returns
  • Photo ID & Social Security Card
  • Copy of DD-214 or Statement of Service (VA)
  • Current mortgage statement (if applicable)

HOW DO I GET PRE-APPROVED?

Start the pre-approval process through our online application.

APPLY FOR PRE-APPROVAL
Found your dream home?

READY TO BUY?