When is the best time to get pre-approved for a home loan?
Real estate competition is always a factor --whether it's a seller's or a buyer's market. That means that getting pre-approved for a home loan as soon as possible is the best move if you plan to buy property in the next three to five months.
Advantages Of Getting A Mortgage Preapproval
Confidently Put In An Offer
The process of getting pre-approved helps to clarify how much you can afford to pay in monthly mortgage payments.
Be Seen As A Low-Risk Buyer
Since pre-approval means that an underwriting team has already verified your buying power, the seller can feel assured in accepting it. Some sellers may even view a preapproval-backed offer as solid as a cash one!
Even More Advantages Of Getting Pre-approved With Us
The mortgage pre-approval process becomes even more attractive when you utilize our convenient online mortgage pre-approval process. From the comfort of your home, we can securely pull your credit to verify your income and assets.
With just a few clicks, you can submit your documentation for items like pay stubs, tax returns, and W-2s and even virtually connect to your financial institution to verify assets.
And, of course, a real-life mortgage professional is available to guide and advise you every step of the way.
Are you serious about buying a property within the next three months? It only takes minutes to complete the secure online application, and you can even save it to finish it at a later time. Have more questions? We've got answers! Contact us today for all your home loan and refinancing needs.
✅ Benefits of Contract Loan Processing for VA Loans
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Specialized VA Knowledge
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VA loans have unique requirements (COE, residual income, funding fee calculations, appraisal requirements).
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A contract processor experienced in VA loans can spot potential issues early and streamline the process.
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Cost Savings for Lenders
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No need to hire full-time staff; processors are paid per file.
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Helps smaller brokerages or lenders manage fluctuating loan volumes without carrying extra payroll.
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Faster Turn Times
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Contract processors often work remotely and are paid per closed file, so they’re incentivized to move loans quickly.
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They can push COE requests, follow up on VA appraisals, and ensure VA-specific forms (26-1880, 26-8923) are completed on time.
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Compliance & Accuracy
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VA has strict guidelines (e.g., allowable fees, seller concessions, and veteran protections).
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A skilled processor reduces risk of compliance errors that could lead to loan buybacks or funding delays.
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Scalability
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During high volume seasons (e.g., rate drops, PCS military moves), lenders can bring on extra processors quickly without long-term HR commitments.
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Reduced Loan Officer Burden
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Lets LOs focus on originating, networking, and serving clients while the processor handles gathering DD-214s, income docs, pest inspection reports (if required), and underwriting conditions.
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Improved Borrower Experience
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Veterans and active-duty borrowers often value clear communication and speed.
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A processor who knows the VA process can anticipate documentation needs and prevent last-minute surprises.
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👉 In short: Contract processors help lenders stay lean, compliant, and efficient, while ensuring veterans have a smoother experience.
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