Benefits of a Buyer Advantage Pre-Approval in Today’s Market

Win in Multiple Offer Scenarios

Helping a client with the homebuying process? Having a fully underwritten loan commitment preapproval is going to give your buyer a leg up. Prosperity Home Mortgage calls this a Buyer Advantage pre-approval, and it can help your client’s offer standout when a seller is presented with multiple offers, which is very common with low inventory.

By electing to participate, your client can get much of the home financing process out of the way and obtain a Commitment Letter before beginning to search for a home.

What are the benefits?

  • Complimentary – Choosing to participate costs nothing additional.
  • Distinguished – A Commitment Letter can set your client’s home purchase offer apart from other offers a seller may be considering.
  • Smooth – With much of the home financing process completed up-front, additional requirements or conditions can be identified to help prevent last-minute issues.
  • Flexible – Your client may have the option of being more flexible with their closing date and help ensure an on-time closing.

Help your buyers stand out in today’s market. Work alongside a Prosperity Home Mortgage Consultant and ask about the Prosperity Buyer Advantage.

Disclaimer: Prosperity Buyer Advantage is not a loan approval. A Commitment Letter is based on information and documentation provided by you and a review of your credit report. The interest rate and type of mortgage used to approve you for a specified loan amount is subject to change, which may also change the terms of approval. The interest rate cannot be locked until your offer to purchase a property has been accepted. If the interest rate used for credit approval has changed, you may need to re-qualify. Information provided by you is subject to review and all other loan conditions must be met. After you have chosen a home and your offer has been accepted, final loan approval will be contingent upon obtaining an acceptable appraisal and title commitment. Additional documentation may be required.