A Family Mortgage Certified Homebuyer is the strongest approval in the industry. The difference between this and a pre-approval is that the borrower’s income, assets and credit are verified upfront. Your new mortgage is guaranteed.

The advantages are huge….consider:

1. Family Mortgage will provide you with a “rock solid” approval letter, strengthening the purchase offer. See attached sample. You can tell the listing agent that your buyer has been pre-underwritten and can close in 10 days. That is negotiating from a position of strength.
   
   
2. You will know for sure what you can afford, what the payment will be and how much cash will be necessary at closing, right up front.
   
   
3. You will be in a position to get a better interest rate because we can close on the loan within a 15 day period. The lenders provide better pricing for shorter lock-in periods.
   
   
4. Much less stress during the contract period. You have done all the heavy lifting for the mortgage up front which makes for a happy ending!!
   
   
5. If you are short on cash or struggling to get to a certain down payment threshold, we may be able to suggest some creative ways to get to the goal line, assuming we have some lead time.



6. If there are credit score issues, we are experts in ways to improve your scores. This can make the difference between qualifying and not qualifying or taking a higher rate. If we have some time, simple strategies can make a big difference



7. You will not be wasting your time looking for a house you can’t qualify for. Times have changed and even if you are strong fiancially, it pays to know everything is ok on the front end.