For any serious homebuyer, the first step in obtaining their new home is earning a mortgage pre-approval letter from a certified lender like Golden Oak Lending. A mortgage pre-approval shows sellers you are serious about purchasing by providing an estimate of the loan amount, interest rate, and monthly payment you qualify for based on a review of your credit score and overall financial situation. In the booming Nashville housing market, a pre-approval can set you apart from your buying competition.
Get Pre-Approved with Golden Oak
At Golden Oak Lending, our mortgage lenders understand that in Nashville's competitive housing market any advantage can set you apart from other home buyers. Our certified mortgage lenders will work swiftly to process your application and get you the best possible estimate. Get ready to purchase your dream Nashville home, and schedule a free pre-approval consultation today!
At Golden Oak Lending, from the underwriting to the closing, all of our processes are done in-house. An experienced Personal Loan Officer will be your advocate for getting you the assistance you need at the lowest possible rate. Your Personal Loan Officer is your sole point of contact for the entire process, so there is no need to retell your story multiple times to different individuals. You have the benefit of an experienced and qualified professional who will guide you through the process of finding and qualifying for the right loan that meets your specific needs.
Golden Oak Lending Tennessee
15 Century Blvd, Suite 301
Nashville, TN 37214
Phone: (629) 777-4653
Hours of Operation
Monday - Thursday 8:30 am - 5:30 pm
Friday 8:30 am - 5:00 pm
Advantages of Getting Pre-Approved for a Home Loan
- Make a Competitive Offer Sellers not only want to sell quickly, but also receive the best offer possible on their home. In competitive housing markets like Nashville, a pre-approval letter verifies that you are financially capable of purchasing a home. An home offer with a pre-approval letter makes your bid more attractive to home sellers and gives you a competitive edge over other buyers.
- Determine Your Price Range There is nothing worse than falling in love with a home you cannot afford. By getting pre-approved, you will be able to establish the price range of homes so you have a budget in mind before making an offer. Since the pre-approval process uses a lot of the same financial information as your mortgage application, you can determine how much your lender is willing to offer you based on your finances and spend less time with your application process.
- Edit Errors in Your Application Having an extra set of eyes can help you prevent unexpected errors in your application. With pre-approval, a certified mortgage lender will be able to determine any potential credit or financial issues with your application, allowing you to improve before applying and place yourself in a stronger buying position.
- Quicker Closing Process Since most of your financial information is already verified with a pre-approval, it makes closing on your home a quick transition.