Southern Indiana Real Estate © 2007
Contact AgentPaul Wonning 812-756-5447 Cell pwonning@northstarrealty.cc
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Southern Indiana Real Estate © 2007Contact AgentPaul Wonning 812-756-5447 Cell pwonning@northstarrealty.cc |
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Toys, Hobbies and Crafts Little Toy Planes Gardens & Nature Hoosier Hurricane Hobby Hobnob Abes Beer Garden |
 Home Home Buyers Index 
Searching For A Home?Try My Indiana Home Finder! |
The first step in looking for a home is to get pre approval for a mortgage home loan. This is very important. One reason is that if
you really do find a home you just love, you are in a position to immediately put in a purchase offer on the home. You can, of course,
put in an offer before your pre approval. But you are in a much stronger position if you can submit a copy of your pre approval
letter to the seller of the property with the purchase offer. It is important at this point to understand the difference between pre approval and being pre qualified for a mortgage home loan. Pre qualified means virtually nothing. It merely means that you are qualified to submit a loan application. A home mortgage loan pre approval, on the other hand, means that you have been approved for a loan and it will state the amount that you have been approved for. Thus a copy of a pre approval letter submitted to a seller carries some weight. It may even mean that you bid may be accepted over another bit with a higher purchase price offered but unaccompanied by a pre approval letter. Becoming pre approved also means we know the price range to look at when searching for a home. You may not feel comfortable purchasing a home for the mortgage loan amount you have been approved for. That is OK, we can always stay below the pre approval amount. That amount just means that you have been approved to borrow up to that amount. There is nothing which says that you have to borrow that amount. Below is a list of lenders which can process your pre approval. This list is by no means complete. If you have a lender you already utilize and feel comfortable with, please, use them. This list is merely for the convenience of users of this web site. Chad Mehlon Mortgage Loan Originator MainSource Bank/ St. Leon P: 812-576-2100 C: 812-212-1634 F: 812-576-2102 cmehlon@mainsourcebank.com To get pre-approval, Click this link. Ameritrust Greensburg Mike Greiwe Office - 317-865-0836 Cell 317-679-2286 mgreiwe@ameritrustmortgage.net Innovative Lending Solutions Aurora Tricia Schaefer 812-926-1695 tricia@innlensol.com Home Federal Bank Batesville Ruth M. Haeufle 812-934-2118 ruth.haeufle@homf.com . |