Mortgage Pre Approval Now Available On

San Diego, CA  (  Blue Loan Services is a full service mortgage company that has been servicing the residents of California with some of the lowest wholesale home loan interest rates and the quickest online processing times for many years. The company is one of the top rated lenders in California according to lender review website, Lender 411, and was included in their list of the 50 Best Mortgage Lenders in California. Blue Loan Services offers a number of different lending services and recently updated their website so that they can provide free mortgage pre approval services for home buyers in their service area.

The Blue Loan Services team knows how important it is for home buyers to get pre approved. The company offers this home purchase advice on their website: “If you are thinking about purchasing a new home, don’t wait until you find the perfect home to get prequalified! Make sure your credit is healthy and find out how much you can qualify for before you find the home of your dreams. This helps insure that you not only choose a home in the right price range, but help avoid falling in love with a home that you can’t afford! Another great reason to get qualified as early in the process as possible is to insure the fastest closing possible. If there are multiple offers going in on a home, you may be at a disadvantage if you are not able to secure financing quickly. Don’t wait until the last minute!”

As stated in the quote above, getting prequalified can help home buyers to get financing quickly when they do finally find a house that suits their needs. It also gives them better bargaining power, which is important especially if there are other offers on the house. Pre approval takes this advantage one step further. While prequalification is often just a word of mouth affirmation that the borrower would most likely qualify for a loan if they were to apply for it, home loan preapproval is, in essence, a written agreement from the lender that they will approve the loan. This, obviously will be a great advantage to the borrower, as they will be able to prove to the seller of the house that they are able to secure financing and that can make all the difference now as the home buying market in some areas has become quite competitive and it is not uncommon for houses to have numerous offers made on them.

Because pre approval is more official than qualification, however, this means that there is more involved in securing it. Usually the lender will require the borrower to submit many of the same documents and papers as they would if they were applying for the loan right then and there. Blue Loan Services’ team of mortgage professionals is able to facilitate this process quickly, helping their clients to collect and submit all the necessary documents online which is faster and more efficient than sending the papers through the mail or visiting the appropriate offices. Those who are interested in availing of these free pre approval services, or any of the many other free services offered by Blue Loan Services, may visit the company’s website by clicking here or call 1-888-929-BLUE (2583) to discuss their loan options with an experienced mortgage professional.

CA Dept of Real Estate — Licensed Broker #01094374 NMLS #938365

Brandon Blue
Blue Loan Services
1-888-929-BLUE (2583)