Arizona mortgage pre-approval

Many people mistakenly think the term “pre-qualified” is the same thing as being “pre-approved.” Although they may sound similar, they are in fact very different.

A home loan pre-qualified indicates that you’ve been initially approved for a loan. On the other hand, getting pre-approved refers to meeting with a lender to determine exactly how much money you are able to borrow, which can be done once you’ve provided the lender with proof of your income, debts, and assets.

For the pre-approval, the lender will assess the information you provide to determine how much you’re eligible to borrow, as well as the type of mortgage options that are available to you.

Being pre-qualified, does not mean you are automatically pre-approved, and being pre-qualified does not indicate that the bank is obliged to give you that specific amount of money.

Instead, these steps in the mortgage process are used as estimates and should be considered for informational purposes only — a way to give you an idea as to how much you can expect to be able to borrow if your loan is approved.

Questions? Contact BKC Mortgage Today!

What's Your Property Worth?

Find Out Now!
X
BKC Mortgage

Questions?

(480) 250-7342 Email Us

Thanks again for choosing BKC Mortgage, LLC!

X

Get in Touch

Contact BKC Mortgage

BKC Mortgage

26077 N 68th Dr
Peoria, Arizona 85383
(480) 250-7342
NMLS# 2397698

    Send an Email

    By submitting this form, you agree to BKC Mortgage’s Terms of Use and Privacy Policy. By completing this form, you also give consent to BKC Mortgage to send SMS text messages and emails relating to our services and loan products. You may receive up to 3 SMS text messages and/or emails per week. For HELP, text us at 480-250-7342. To unsubscribe to SMS or email, reply STOP. Standard message and data rates may apply.

    X BKC Mortgage

    If you have any immediate questions or concerns don't hesitate to give us a call @ (480) 250-7342

    0%

    I agree to the following terms & conditions

    I hereby certify that the information given in my submission is complete and correct and is given for the purpose of potentially obtaining a mortgage loan and/or financial services applied for.