Preapproval is an important first-step before you begin looking for a home, and it helps you determine how much home you can really afford. A preapproval is a written statement from a lender confirming that you qualify for a specified loan amount under that lender's guidelines. Getting preapproved requires that the lender verify your financial information, and it serves as a commitment to lend a specified amount based on that information. This gives you significant negotiating power with a seller who recognizes you will be approved for a loan. Preapproval also gives you peace of mind as you shop for a home, knowing that you will qualify for the proper mortgage amount.
Contact Tricia Schultz, our trusted Key Mortgage Loan Advisor, to get pre-approved today. She has access to a wide variety of unique lending options and the most advanced mortgage technology available.
Key Mortgage Services now offers the Loan Tracker mobile app, a simpler solution so that you don't have to juggle every aspect of financing your home. The app will keep you informed throughout your entire mortgage process, from initial loan application to closing. Get real-time loan status updates on your mobile device day or night.
The loan tracker app is available for free download in the iTunes and Google Play store.
Key Mortgage Services, Inc., is an Illinois Residential Mortgage Licensee. NMLS # 155748. 475 N. Martingale Rd, Suite 100, Schaumburg, IL 60178. 847.296.5757.
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