LOOKING FOR A PRE-APPROVAL?

WHY STOP THERE...

Strengthen your offer with American United’s Approval First Program

Approval First Program From American United

Today, convincing the seller that you are the most "qualified" buyer goes a long way in getting your offer noticed even though it might not be the highest bid.

In today’s competitive real estate market, many home buyers are finding themselves in a bidding war with other buyers, especially when a home is competitively priced. You would think that the highest offer wins. However, experience shows us that’s not always the case. Convincing the seller that you are the most “qualified” buyer – especially one that can close quickly - will go a long way to having your offer accepted over others.

THE BENEFITS OF AN

APPROVAL FIRST LOAN

A Full Loan Approval tells the seller that you are a serious buyer that is able to complete the sale
The Approval First process allows you time to fix any issues prior to the contract
A Full Approval enables you to close quickly

The Reason

Sellers (and realtors) have been mislead too often by accepting offers from home buyers with “pre-approved mortgages” only to find out later the buyers were unable to obtain a loan commitment from their lender.

The Cause

Busy loan originators tend to issue pre-approval letters to home buyers based on very minimal data and without clearing important supporting documentation. This practice is very common, especially among online lenders, and is one that puts the buyer’s loan at risk.

The Solution

Turn yourself into a “cash buyer” in the mind of the seller with American United’s Approval First
program - a prior-to-purchase underwriting review that will result in a Full Approval Letter subject in most cases to only a home appraisal and sales contract.

Think About This

If you were selling a home, who would you choose - The buyer with a pre-approval or the buyer Fully Approved and ready to close?

WHY DOESN'T EVERY LENDER OFFER THIS?

Simply stated, it’s more work for the lender. Completing the full approval process in advance of a sales contract requires the lender to set aside time and resources. However, at American United, we strongly believe it’s the right thing to do. Approval First gives our clients the confidence and buying power they need to be successful in today’s competitive real estate market!