Frequently Asked Questions

  • It determines the maximum mortgage loan for which you qualify.
  • It allows your realtor to show you a range of properties in your price range.
  • It allows your realtor to make a realistic offer on your purchase, and saves time in the negotiation process.
  • It holds the interest rate for a period of up to 120 days, guarding you against rate fluctuations.
  • It provides peace of mind during the home buying process.