Todays Rates: Purchase - 30 Year Fixed: 3.125%   APR: 3.221%     15 Year Fixed: 2.375%   APR: 2.494%      30 Year Fixed High Balance: 3.375%   APR: 3.424%      15 Year Fixed High Balance: 2.625%   APR: 2.709%          Refinance - 30 Year Fixed : 3.250%   APR: 3.317%     15 Year Fixed: 2.500%   APR: 2.584%      30 Year Fixed High Balance: 3.500%   APR: 3.529%      15 Year Fixed High Balance: 2.750%   APR: 2.871%

Why should I get a Pre-Approval?

Covid-19 Important Updates - We're here for you. Find out how we can help.
Call us directly at 877-239-9572 or click here for more information

Getting a Pre-Approval Letter for a mortgage can make you the top candidate for your dream property.

A pre-approval is when a bank or lender has thoroughly checked your credit history and determined that they are willing to give you a mortgage. Here’s what you should prepare when starting your Pre-Approval:

Income information:

Paystubs, tax returns, and W-2s from the previous two years, as well as documents that show additional sources of income.

Asset information:

Bank account statements as well as information about investments you’ve made.

Personal information:

Driver’s license or passport. You will need to provide your Social Security number for a credit check.


The Pre-Approval will let you know exactly how much of a mortgage you qualify for. If you are shopping in a competitive market, having a pre-approval letter will make you a more attractive buyer than those who do not have one. Perhaps the biggest positive to obtaining a pre-approval is the fact that once you find the property you really want, you’ll be able to proceed with the process quickly because you’ve already got financing ready to go.


Ready to become pre-approved online at no cost?

New call-to-action

 

Join Our Newsletter

Start your mortgage application process online now!

Are you currently working with a Lyons Business Development Manager?

YESNO

If you click "No", we will connect you with one of them.
Top