From:  AtlantisMortgage 
Newsgroups: misc.invest.real-estate
Subject: Why is pre-approval important? Here are 5 reasons...
Date: Tue, 10 Jul 2007 09:46:16 -0700
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    Getting a pre-approval of your Michigan mortgage will allow you to
take a closer look at your credit rating and your assets. This will
allow you to have a sense of your position and your buying power.
Applying for a pre-approval of your Michigan mortgage will allow you
to sit down with a loan officer and to determine what mortgage options
are available to you, and which mortgage is best for your individual
needs.
Getting a pre-approval of your Michigan mortgage will allow you to
have a sense of how much home you are able to afford and how much your
monthly payments will be on a given amount. In that way, you'll be
able to start planning your budget so that you'll be able to pay your
mortgage and other bills while not giving up your lifestyle.
When you apply for a pre-approval of your Michigan mortgage you'll
know a price limit for what you can afford - and, in that way, you
will be able to look for homes that fit within your budget.
Lastly - and perhaps most importantly - when you have a pre-approval
for your Michigan mortgage, realtors and sellers will feel more
comfortable working with you as you buy a home and you'll find that
the process is simplified overall as a result.

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