Pre-Approval Services

Equipping our clients with a loan pre-approval empowers their property and vehicle searches with clear budget parameters.

A pre-approval is a valuable step in getting you closer to your new home or investment property or vehicle. It is not a requirement in the financing process, but it can make it a lot easier.

A loan pre-approval means that a lender has agreed, in principle, to lend you an amount of money towards the purchase of your home or car but has not proceeded to a full or final approval. It allows you to know your maximum available funds so you can narrow your search, negotiate with more certainty, and bid with more confidence if you are going to a property auction.

If a lender pre-approves you for a loan, they will do so for a specific amount, so you can focus your house hunting on the properties you can afford. Pre-approval can also make you a more attractive buyer to a potential seller, as it indicates that you are serious about purchasing the property and that your offer is less likely to be withdrawn due to a lack of financing.

To pursue your dream property or vehicle quest with as little stress as possible, we highly recommend obtaining a pre-approval.

Contact SSA Finance today to learn more about the process and your eligibility.