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Questions to consider before you buy a home.


WHY SHOULD I BE PRE-APPROVED FOR A MORTGAGE LOAN?

Exactly how much of a home can I buy? By getting pre-approval before you make an
offer, you will be certain of the amount of the loan you will qualify for. With written
approval in your hand, you can make a more aggressive negotiation and this could save you
thousands of dollars on your home purchase. There are so many loan options... How will I know
which one is best for me? Louisiana Mortgage Quote

When you are pre-approved by Network Funding LP, you will have access to
a number of government loan programs. We will determine what programs you do qualify for, and narrow it
down to the one that is right for your long-term goals.

What will my payments be? The amount of your monthly payment depends
on the specific loan program you choose.

What is credit scoring and how does it work?

Credit scoring is an evaluation system used by lenders to help them determine whether or not
they should lend you money. This system grades you based on 5 different factors,
including your payment history, outstanding credit balances, credit history, the type of credit
you have accumulated, and the number of inquiries on your credit record. Points are
awarded for each factor, with a high score being favorable.


How much does it cost to be pre-approved?
Absolutely nothing! You have nothing to lose and everything to gain. We provide free
consultation to all our clients at all times. Our goal is not only to help you find the best loan
now, but also help you manage that financial responsibility in the future by reviewing your
options on a regular basis.

How will pre-approval benefit me when I make an offer?
Full credit approval gives you buying power. It allows you to shop as a cash buyer; you can
negotiate more aggressively and potentially save thousands of dollars. The seller will take
your offer more seriously because they will know you already have approval from a Louisiana Mortgage Lender.

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