Free Mortgage Pre Approval Services Now Offered By The Blue Loan Services Team

Jul 07, 2013, 00:00 ET from Blue Loan Services

SAN DIEGO, July 7, 2013 /PRNewswire-iReach/ -- Blue Loan Services is one of California's top full service mortgage companies. The team of mortgage professionals at the company has provided California home buyers and owners with some of the best loan services available for many years and continues to expand their business, now offering free mortgage pre approval services for those who are planning to purchase a home. A newly posted article on the company's website explains the advantages of getting either pre qualified or pre approved.


The article posted on the Blue Loan Services blog says: "If you are thinking about purchasing a new home, don't wait until you find the perfect home to get pre qualified! Make sure your credit is healthy and find out how much you can qualify for before you find the home of your dreams. This helps insure that you not only choose a home in the right price range, but help avoid falling in love with a home that you can't afford!"

As stated, getting pre qualified helps potential home buyers to gauge how much home they can afford and what type of loan structure would be best for them. However the benefits do not stop there. The Blue Loan Services article goes on to say: "Another great reason to get qualified as early in the process as possible is to insure the fastest closing possible. If there are multiple offers going in on a home, you may be at a disadvantage if you are not able to secure financing quickly. Don't wait until the last minute!"

Obviously getting pre qualified holds many benefits for those looking for their new home. Home loan pre approval carries even more benefits, however. Unlike qualification, which is simply a verbal confirmation that a borrower's credit is good and that they would most likely qualify for the loan if they were to apply for it, pre approval is more set in stone. Many lenders view a pre approval as a "commitment to lend", which means that those with this pre approval will have much better bargaining power when it comes to bidding on the home of their choice. Homeowners will be more likely to sell to someone who they know will be able to get financing fast and not drag the buying process out over a long period of time.

Of course, getting pre approved is a bit more complicated than simply getting pre qualified. Borrowers will likely have to submit most of the same papers that they would need for the actual mortgage underwriting. Blue Loan Services' team of loan experts can help walk borrowers through this process and get them pre approved quickly so that they can be ready when they find a house that they wish to purchase.

Those who are interested in availing of these free pre approval services, or any of the many other free services offered by Blue Loan Services, may visit the company's website by clicking here or call 1-888-929-BLUE (2583) to discuss their loan options with an experienced mortgage professional.

CA Dept of Real Estate -- Licensed Broker #01094374 NMLS #938365

Media Contact: Brandon Blue, Blue Loan Services, 1-888-929-BLUE (2583),

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SOURCE Blue Loan Services