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Lafayette – Youngsville – Broussard – Abbeville – Breaux Bridge – Carencro – Sunset – Duson – Scott – New Iberia

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Minimize Stress in the Home Buying Process by Becoming Pre-Approved!



There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.

Minimize Stress in the Home Buying Process by Becoming Pre-Approved!

One of the most common questions I receive from buyers is in regards to the importance of a pre-approval letter. The importance of this letter is two-fold:
  1. From a seller’s point of view, a seller is more likely to trust a buyer that is pre-approved. This is understandable – most sellers don’t know who you are or what your history is. When presenting an offer, it is almost mandatory that a seller would want reassurance in order to take your file seriously.
  2. From the buyer’s point a view, I like to prepare for the worst and hope for the best. Buyers need to keep in mind that despite their great credit score, there are programs that will ding your percentage rate if you have a 739. I know it’s an amazing score, but just be aware that this could happen. Also keep in mind that our preferred lenders can get you the best possible rate available for you.
I’ve had instances where two separate buyers had similar names; the one buyer had many derogatory remarks on their credit while the other buyer didn’t. This wouldn’t have been an issue if the buyer with the good credit had become pre-approved. The seller simply glanced over his name. Take the 5-10 minutes to sit down with one of preferred lenders to become pre-approved - they do a great job at putting you in the best position possible.

If you have any questions, feel free to reach out to me by phone or email. Thanks and have a great day!