Step 2: Loan Pre-Approval

Getting Pre- approved is the next step. You’ll complete an official mortgage application, then supply the lender with the necessary documentation to perform an extensive check of your financial background and current credit rating. From this, the lender can tell you the specific mortgage amount for which you are approved. You’ll also have a better idea of the interest rate you will be charged on the loan and, in some cases, you might be able to lock in a specific rate.

With pre-approval, you will receive a conditional commitment in writing for an exact loan amount, allowing you to look for a home at or below that price level. 

An advantage of completing both of these steps – pre-qualification and pre-approval – before you start to look for a home is that you’ll know in advance how much you can afford. This way, you don’t waste time with guessing or looking at properties that are beyond your means. 

Once you have found the right house for you, you’ll fill in the appropriate details and your pre-approval will become a complete application.

 Buyer Toolbox 

The Skobel Homes Advantage

Quality Construction

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Highlighted Home Features

Design Your Home

Why We Love Gainesville

Testimonials

Why Buy New

Home Buying Process

Home Building Process

Financing

 

RECEIVE $6,000

CLOSING COST CREDIT

Closing Costs

  • Skobel Homes will pay up to $6,000 in closing costs on your new home!

  • Our full-service home closing department takes care to make closings smooth, quick and easy!

Closing costs are fees paid at the closing of a real estate transaction. The Closing is when the title to the property is conveyed to the buyer. Many services/products that protect your new home are purchased on closing day. Some of these services include a title insurance policy, a homeowner's insurance policy, termite bonds, and warranties.

Preferred Lenders

Skobel Homes works with preferred lenders that will help you secure the most competitive interest rates and are ready to provide you with a wide range of financing options to make purchasing your Skobel Home easy. Contact them today.

•  Valorie Cason, Ameris Bank

   phone: 352-316-4655

   email: valorie.cason@amerisbank.com

•  Leslie Remy, FBC Mortgage

   phone: 352-538-5300

   email: lremy@fbchomeloans.com

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•  Susan Edmonds, Suntrust Mortgage

   phone: 352-538-3659

   email: Susan.Edmonds@suntrust.com

Step 3: Home Buyer Don’ts During the Loan Process

Congratulations! You’ve made it this far through the mortgage process. But sit tight and be patient. There’s still the time period before closing when you should hold off on major purchases or lifestyle changes that could adversely impact your finances, your credit, or the interest rate approved for your new mortgage.

  • Don’t apply for a new credit card or line of credit; it can convey to credit bureaus and your lender that you’re over-reliant on borrowing money.

  • Don’t make any large purchases, like a car, or new furnishings for your home.

  • Don’t max out your existing credit limit.

  • Don’t quit or change jobs without telling your loan officer first.

  • Don’t make any large deposits or withdrawals from your bank accounts. 

  • Don’t worry – these suggestions are only temporary.

 

Waiting until the close of your mortgage process means facilitating the move into your new home more quickly and seamlessly.

 

How much House can you afford?

 

How much will my payments be?

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7475 SW 70th Lane
Gainesville, FL 32608

352.505.9100 phone
888.302.0940 fax

© 2019 by Skobel Homes. All rights reserved. Terms of Service. Privacy Policy. Information, home features, and pricing are subject to change without notice. This website is for informational purposes only and no content shall be considered a legal offer or contract.

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