The Navarre preapproval process is much
more complete than pre-qualification in Florida. For pre-qualification,
the mortgage loan officer asks you a few questions and provides you
with a pre-qual letter. Pre approval includes all the steps of a full
approval, except for the appraisal and title search. Pre approval
can put you in a better negotiating position when purchasing Navarre
real estate, much like a cash buyer.
Determining which mortgage loan is best for you depends on several factors: mortgage interest rates, points, how long you plan to keep the home, your financial status, credit history, and so on. The good news is that you don't have to figure all this out on your own. Our Navarre experienced home loan specialists will work closely with you to help you select the right mortgage loan that fits your particular needs.