Buying a home is one of the biggest financial decisions you’ll make, and the first step in the process is getting pre-approved for a mortgage. A pre-approval not only gives you a clear understanding of your budget but also strengthens your offer when you’re ready to buy.

At North Star Mortgage Network, we make the pre-approval process simple, fast, and stress-free. Here’s what you need to know to get started!

What Is a Mortgage Pre-Approval?

A pre-approval is a lender’s written confirmation that you qualify for a mortgage up to a specific loan amount, based on a review of your credit, income, assets, and debt. This step is crucial because it:

✔ Helps you understand your budget before house hunting
✔ Shows sellers you’re a serious buyer
✔ Gives you a competitive edge in a competitive market
✔ Speeds up the loan process once you find a home

Steps to Get Pre-Approved with North Star Mortgage Network

Step 1: Connect with Us

The first step is reaching out to our experienced mortgage team. We’ll take time to understand your goals and guide you through the process. You can call, email, or apply online to get started.

Call Nathan Young

904-613-7700
nathan@nsmn.com
www.nsmn.com

Step 2: Complete a Loan Application

Next, you’ll fill out a mortgage application, which includes details about your income, employment, assets, debts, and credit history. This can be done online or over the phone in just a few minutes.

Step 3: Provide Key Documents

To verify your financial information, we’ll need a few essential documents, such as:

Proof of Income (W-2s, pay stubs, or tax returns for self-employed borrowers)

Bank Statements (to verify assets and down payment funds)

Credit Report & Debt Information (we’ll pull your credit to assess your score and liabilities)

Employment Verification (your job history and stability matter in the approval process)

Step 4: We Review Your Information

Our team will analyze your financial picture and determine how much you qualify for based on factors like:

✔ Credit Score & History
✔ Debt-to-Income Ratio (DTI)
✔ Income & Employment Stability
✔ Available Assets & Down Payment Funds

If everything checks out, you’ll receive your official pre-approval letter, which you can use when making offers on homes.

Step 5: Start House Hunting!

With your pre-approval in hand, you can confidently shop for homes knowing exactly how much you can afford. When you find the right home, your real estate agent will submit your offer along with your pre-approval letter to show sellers you’re a serious, qualified buyer.

Why Get Pre-Approved with North Star Mortgage Network?

Fast & Easy Process – We simplify the pre-approval so you can focus on finding your dream home.
Personalized Loan Solutions – We help match you with the best mortgage option for your unique situation.
Expert Guidance – Our experienced team is with you every step of the way.
Competitive Rates & Programs – Whether you’re a first-time buyer or upgrading, we have options to fit your needs.

Ready to Get Pre-Approved? Let’s Make It Happen!

The first step to homeownership starts here. If you’re ready to take the next step, North Star Mortgage Network is here to help. Contact us today, and let’s get you pre-approved for your dream home!

Contact Us Today

904-613-7700

Nathan Young