Win The Offer. Close Faster. Peace of Mind.
At Buffington Mortgage Group, we want to simplify the process for the Buyer and Realtor as much as possible.
With our signature pre-approval program, Express Pass, qualified buyers gain an advantage by moving through a significant amount of paperwork and underwriter approval before shopping for a home. This allows our clients to be able to make an offer on the spot, which is perceived to be similar to an outright cash offer. By preparing our client’s paperwork ahead of time, our clients are in the best position to win the offer.
We know our clients. That means we understand the extreme importance of keeping your home purchase on track for an on-time closing. We have a workflow process to keep everything moving in the right direction. By moving through a majority of the paperwork before you’re in a position to make an offer on a home purchase, you’ll be on a smoother timeline toward a closing date.
Gain Pre-Approval Status
You’ll have a competitive advantage in the marketplace as a potential buyer with pre-approval status. If you find your dream home and find yourself competing with other interested parties, your pre-approval status signals your seriousness to the seller and their Realtor when you make an offer. Your pre-approval is much more appealing against another offer from someone who is only pre-qualified. In the Central Texas area, this type of competitive advantage is almost necessary.
What’s the difference between Pre-Qualification and Pre-Approval? When a buyer has been pre-qualified, the lender has taken a loan application and reviewed credit, but in most cases has not received all of the income and asset documents for review. In this scenario, pre-qualification strictly relies on what the buyer reveals in terms of income and funds available at close. A pre-approval means the buyer has submitted an application, credit has been checked, and they have provided income and asset documentation that has been reviewed by the Loan Officer, Loan Processor, and Underwriter. In addition, it has already been determined that all paperwork submitted complies with the underwriting requirements for the particular loan program that was determined to be the buyer’s best option.
You can begin the process by clicking the button below.
Full Benefits of Express Pass:
- Gives the buyers and their Realtor an advantage in a competitive market
- Offers are perceived on the same level as a cash offer
- Avoids a slow process that can lead to loans getting delayed or denied
- Provides peace of mind to stay on track for on-time closings
- Most of the underwriting process will be completed before shopping
- Perfectly customizable for all types of loans