Need a Pre-Approval? 

What a time to be a homebuyer! Over the past couple of years, the average 30-year fixed-rate mortgage rate has dropped steadily, hitting multiple all-time record lows. This has been incredible news for homebuyers as countless Americans have been able to purchase homes with great low mortgage rates and monthly payments.

Over the course of 2020, the mortgage industry has also adapted to the challenges of coronavirus by offering more flexibility to borrowers. This has included allowing “drive-by” home appraisals, reduced borrower documentation requirements, and an improved digital mortgage experience.

This opportunity may not last for long, however. When the economy is doing well, interest rates usually rise, and with the pandemic seemingly fading, mortgage rates are predicted to increase through this year. To help ensure you can get a low mortgage rate and monthly payment for your home purchase, it’s important to start early. That means getting pre-approved for your home financing as soon as possible.

Here are the benefits of getting preapproved:

• Preapproves you for a specific loan amount
• Helps you set your homebuying budget
• Shows home sellers that you’re a serious buyer
• Can help speed up your financing process
• Is fast, easy and free!

ROB GRANT

Senior Vice President of Residential Lending | Draper and Kramer Mortgage Corp.

Office: 302-654-8848 | Mobile: 302-388-2579

rob.grant@dkmortgage.com | www.dkmortgage.com/grant

5700 Kennett Pike, Wilmington, DE 19807

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Brenton R. Grant III (NMLS ID # 147861 (www.nmlsconsumeraccess.org) DE: MLO-147861 PA:70643) is an agent of Draper and Kramer Mortgage Corp. (NMLS:2551) an Illinois Residential Mortgage Licensee located at 1431 Opus Place, Suite 200, Downers Grove, IL 60515, 630-376-2100. DE: Licensed as a Mortgage Lender by the Office of the State Bank Commissioner, No. 019745. PA: Draper and Kramer Mortgage Corp., License No. 32844. Licensed by the Department of Banking and Securities. © 2021 Draper and Kramer Mortgage Corp. All Rights Reserved.