Instant Mortgage Preapproval Letter | A Verified Approved Mortgage Letter
Instant Mortgage Pre-Approval letter
If you are looking for an instant mortgage pre-approval letter today, then you can use our instant online mortgage pre-approval that will prequalify you and can provide a same day instant mortgage pre-approval letter for you.
Our online mortgage marketplace gives you the ability to identify the lowest rates and fee loan offers and get pre-qualified and pre-approved today.
A traditional mortgage pre-approval letter in many cases will bypass the collecting of the borrowers income documents and assets to verify income satisfies the underwriting guidelines for the loan program you have selected.
The asset statements must be verified to insure that there are sufficient funds necessary to make the down payment and cover any related closing costs.
Many home sellers and sellers real estate agents have encountered a false positive mortgage pre-approval letter after spending 40 days working on the real estate sales contract and scheduled closing dates.
Why EquiFund's Verified Instant Mortgage Pre-Approval Letter is better than a mortgage pre-approval letter?
To issue a Verified Instant Mortgage Pre-Approval Letter EquiFund will collect your income documents, like pay-stubs, and tax returns and asset account statements from your bank and our investment accounts to verify your income and assets are sufficient to close and fund your mortgage to purchase a home.
The process of verifying your income, assets and credit rating provides the highest degree of accuracy to confirm your fully qualified to purchase the home.
Home sellers want confirmation that the homebuyer will secure financing without delay.
In a highly-competitive real estate market, you may have experienced the disappointment of having your offer outbid.
A Verified Instant Mortgage Pre-Approved Mortgage (VAM) Letter from EquiFund Mortgage provides an advantage to increase the likelihood that your bid will be accepted by giving sellers added assurance about your financial security.
This extra card up your sleeve allows you to make sure that yours stands out among all other offers!
Rates 1% lower than most banks at Equifund Mortgage® | See real pre-approved loan offers.
Get Pre-Approved Online. See Loan Offers in 3 minutes.
How Verified Instant Mortgage Pre-Approval Letters work?
With a Verified Approval from EquiFund Mortgage, you can be sure that your income, assets and credit have been thoroughly checked by our underwriting team.
Armed with this VAM Letter of Confirmation, you'll now be able to make an offer on the home of your dreams without any hesitation or doubt!
Money issues are a frequent cause of why home sales don't go through. Although cash offers are attractive to sellers since they're definite, not everyone can manage that kind of money upfront.
With our assistance, you have the opportunity to make your offer more competitive - we'll assess and validate your financials with documents like W-2s or pay stubs which will demonstrate how much house you can comfortably afford.
Home Sellers prefer EquiFund's Verified Instant Mortgage Pre-Approval Mortgage Letters
Regardless of the housing market's competitiveness, having a strong mortgage pre-approval letter conveys to sellers that you are serious about making an offer.
This letter affirms that you not only pre-qualify to purchase the home, but more importantly your assets, income and credit rating have been reviewed and approved.
A Verified Online Instant Pre-Approved Mortgage Letter is very similar to a cash offer. This is because the underwriter has already inspected and approved your income, credit rating and assets to close and fund your loan.
The home seller will be more willing to accept your offer to purchase the home, when they see your VAM letter.
When we approve you for a loan, we’re saying you have your finances in order and you’re ready to buy.
When a seller accepts your offer to purchase their home, they are entrusting that you can complete the task by securing mortgage financing.
With cash offers, it is easy for sellers to trust in its validity because there will be no issue with financing or finding a financial institution.
Cash bids at asking price presents an appealing option; providing sellers what they desire with minimal hassle and worry.
When you receive Verified Approved Mortgage status, it's not just any ordinary approval; this is a seal of trust backed by the buying power and expertise of EquiFund Mortgage.
Now, no matter what condition the housing market may be in, you have an edge over your competition!
How do I get a Verified Instant Mortgage Pre-Approval Letter?
There are just a few simple steps to get a verified approved mortgage letter. These steps are listed below.
Steps to get a Verified Approved Mortgage Letter:
- Apply using our Online Mortgage Pre-approval app (3 min)
- Upload your income and asset documents
- Receive your Verified Approved Mortgage Letter in less then 24 hours.
When you complete our online mortgage preapproval app, you will then be prompted to upload your income documents and assets statements based upon the information you submit in the mortgage app.
If you do not have all the documents at the time you complete the online mortgage app, you can always log back in and upload at a latter time.
No credit pulls, spam calls or emails. Just stupid low rates.
Get Pre-Approved or Try the Mortgage Calculator.
Get your offer accepted with EquiFund's Instant Mortgage Pre-Approval Letter today.
The journey of homeownership starts with getting pre-approved for a mortgage. EquiFund offers clients the ability to get an instant mortgage pre-approval letter in the same day.
When you use our online mortgage marketplace, you will have the ability to compare multiple pre-qualified and pre-approved loan offers within 3 minutes. Once you upload your income and asset documents EquiFund will provide you with an Instant Mortgage Pre-Approval Letter without delay.
Drift ahead of the competition by attaching a VAM Letter to your offer—it's an easy way to demonstrate your credibility, making you more likely to be chosen over others. Don't miss this chance for success!
Once your offer is accepted, you can rejoice in the fact that one challenge has been crossed off your list. Strengthen and solidify this process even further with a VAM Letter - an invaluable tool to give both yourself and your offer added confidence!
Now all that's left to do is prepare for moving day: get ready for life inside the home of your dreams!
