Buyers
Before you tour a single home, you should know exactly what a lender is willing to fund. Pre-approval is that number, in writing, and it is the difference between a credible offer and a frustrating one in this market.
This page explains what pre-approval covers, why it protects you, and how to get yours in order before the right Albuquerque home appears.
Know your number before you fall in love.
A lender verifies your income, assets, credit, and debts, and writes a letter stating the maximum loan amount you qualify for, at today rate. It is not a promise of funding; it is a professional estimate of your ceiling, and it is the anchor for every offer you write.
Income documentation, asset statements, and a readable copy of your credit. Your lender walks you through the exact list, and most approvals come back within a few days. I keep a short list of lenders I trust in New Mexico, including ones accustomed to out-of-state income, and I will happily make the introduction.
Next step
Whether you are buying, selling, relocating, or just starting to explore, the first step is a free call. Bring your questions; I will bring the research.
