Prequalified versus Preapproved?

Prequalified versus Preapproved?

Getting preapproved can assist you through the process of getting a home:
1) It provides you confidence that you can afford the homes you are looking at - the lending institution is standing behind you for a specified amount for a specified time.
2) The mortgage process can be very long, having been preapproved can help speed up the process.
3) When it comes time to making an offer on the property you want to call home it tells sellers you are a serious buyer and could provide you an advantage against other potential buyers.

For assistance on obtaining preapproval contact one of the following Mortgage Services companies:
Jim Collins at Equity America Mortgage Services, Inc. Phone:1-800-794-4300 Cell: 1-207-752-3320 Email: jcollins@call4bestrates.com
Website
Doug Surina at Low Rate Mortgage Phone: 603-749-0027 or Email: Douglas.Surina@Comcast.net Website
Gibson Hearn at Federal Savings Bank Phone: 603-422-0498 or Email: ghearn@fsbdover.com
Karen E. Mayrand at Great East Mortgage Phone:603-285-0074 Email:karen.mayrand@greateastmortgage.com
Fred Marquez at Franklin American Mortgage Company Phone: 207-837-3421 Email: fred@gofred.com
Shanin J. Sansoucie at Milestone Finance Phone: (603) 590-HOME (4663) Email: shanin@milestonefinance.com
Countrywide Home Loans Phone: 603-750-0475 or Website
ING Direct Phone: 800-ING-2390 or Website
Wells Fargo Home Mortgage Phone: 603-431-8668 Toll free: 800-766-0868 or Website