Before you begin house hunting, make sure you receive a mortgage preapproval. A preapproval tells a seller you are a serious buyer and have the funding needed to purchase a home. In the current real estate market, sellers will not even consider an offer without one.
Preapprovals are not just for first-time home buyers. Current homeowners looking to make a move also need preapprovals to make sure they have the financing necessary for their next home.
RTN offers free and quick preapprovals, and once you find your home, it’s a simple process to turn your preapproval into a mortgage application.
For more information or to apply for a preapproval, visit rtnmortgage.org or call an RTN Mortgage Consultant at 781-736-9859.