Rush Residential

The Home Buying Approval Process

October 03, 2024

With more homes hitting the market and mortgage rates at their lowest since February 2023, now’s the perfect time to kick off your home-buying journey! And before you dive in, getting pre-approved for a mortgage is a must—but don't worry, it’s easier than you think!

Why Get Pre-Approved?

Pre-approval helps you understand your budget and is often required for purchasing a new construction home. Luckily, our Trusted Lenders make the process quick and hassle-free!

Here's How It Works:

1) Choose Your Lender:

Start by researching lenders that suit your needs. Need help? Our team can recommend trusted lenders who align with your goals! 

2) Fill Out a Mortgage Application:

With our Trusted Lenders, simply log into the lender’s portal, answer a few questions, and get your pre-approval status within about 48 hours!

3) Provide Additional Information:

If your credit score is solid, you’ll need to share details like your job history and assets. If you need to boost your credit, our lenders offer free guidance and insights to help you get there!

4) Receive Pre-Approval:

Once you’ve applied, you’ll typically receive pre-approval from our Trusted Lenders within 24-48 hours.

Don’t Wait!

With more buyers returning to the market, now is the perfect time to act! Even better, working with one of our Trusted Lenders not only makes the pre-approval process seamless, but also gives you access to exclusive Builder Bonuses and included closing costs (availability varies by community).

Start your online application today to explore the home loan options that best fit your needs. Our Trusted Lenders are ready and excited to help turn your homebuying dreams into reality!

START THE PRE-QUALIFICATION PROCESS HERE

Oh, and did we mention your dream home might be just around the corner? Check out The Preserve, our newest Rush Lifestyles community, and explore gorgeous new homes that are ready and waiting for you!

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