Before you even start looking for the perfect place to live, apply for a loan commitment.
With your loan commitment from Compass in hand, your realtor submits an offer.
That’s it! You did it. You beat every other offer on the house you’ve been searching for because you came not only preapproved,
but already committed.
A loan commitment shows sellers you are a serious buyer and makes your offer stand out in multiple-offer situations.
You can rest assured knowing that your home financing is reliable even prior to finding a home to purchase.
Because loan commitments take the preapproval process several steps further, you can act quickly when you do find a home to purchase.
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