You’re ready to buy a home? Congratulations! Waterstone Mortgage’s qualified loan professionals can help you each step of the way.

If you are actively searching for a home and want to present a strong offer backed by a reputable lender, consider getting pre-approved for a mortgage.

The pre-approval process:

  • You complete the full mortgage application (in person or online), which includes information on debt, income, and assets
  • Your loan originator’s team will run and review your credit report
  • An automated underwriting system determines if you are eligible for specific loan requirements
  • Your loan originator completes a limited review of your income and assets

Once pre-approved, you will know the mortgage amount that you are likely to be approved for – which is a great way to start your home search process. Using the Waterstone Mobile app on your smartphone or mobile device, you can instantly customize your pre-approval letters with property addresses and offer amounts. Customize and print them on the spot – because every second counts in the world of real estate.

If you want to take your pre-approval to the next level, and submit even stronger offers, consider a Platinum Credit Approval.

All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment. In accordance with federal regulations, consumers are not required to provide verifying documentation until after they submit an application, receive their Loan Estimate, and state an intent to proceed with the transaction.