Loan Approval Without A Contract
Wright Mortgage offers an innovative new loan program to homebuyers before they find their home! We can complete the loan process – actually Approving your buyer – without an identified property. Instead of giving the seller’s agent a preapproval letter, provide them with an Approval Letter!
With TBD Approvals, buyers have the confidence that they have already been approved for their mortgage which means their buying power has improved:
- Sellers know the loan process has been completed so there is no worry that the sale won’t close.
- Buyers can negotiate a good market price because they know they can close quicker than with a traditional loan process and they can offer the seller an assured closing.