Buying Process

Here are the key steps to buying a home and how Integrity Realty & Management can help make the process easier. It all starts here!

Step One Loan Approval

Before you begin to shop for a home, enhance your buying power by getting Preapproved or Pre-Qualified.

Getting pre-qualified helps you determine how much home you can afford, based on specific financial information you share with your lender. The lender does not verify this information, and consequently there is no guarantee you will get approved for the loan amount. Getting preapproved requires that the lender verify your information, and does serve as a commitment to lend a specified amount based on that verified information. This gives you significant buying power with a seller who recognizes you will be approved for a loan.

What’s pre-qualification?

Pre-qualification is an informal discussion between borrower and lender. The lender estimates the amount that you can borrow based solely on what you tell them about your income and assets. The lender does no verification and is not bound to make the loan when you’re ready to buy. On the other hand, loan approval is based on documented and verified information regarding your employment, your income, your liabilities, your assets and the cash you have available to close on a home purchase.

How preapproval is better?

To a seller, a lender’s preapproval letter is considerable stronger than a pre-qualification letter. If a seller knows your financing is secure, your offer is stronger. Preapproval also gives you peace of mind as you shop for a home, knowing that you will qualify for the proper mortgage amount.

Step Two Learn the market

Our web site is the efficient way to search for properties through the Denver Metro area. We include property information from almost every real estate company in the area. To start your search, Click Here

Step Three Choose a professional

Select an experienced professional to help you through the home buying process. If you’ve worked with us before, we encourage you to contact the associate who assisted you. If you haven’t, we’ll help you find the right professional. Click Here

Step Four Procure your Mortgage

When you’ve found the right home, you will work with your mortgage lender to complete the processing and approval of your loan.

Denver Property Management