After getting preapproved, it's common for lenders to give you a “preapproval letter” you can present to real estate agents and sellers showing you can afford to .
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Home Loan Pre-approval – Tower Federal Credit Union – It's easy to get pre-qualified for a mortgage amount and get a pre-approval letter for your mortgage from Tower Federal Credit Union in Maryland.
A basic pre-approval letter takes about 3 minutes. For a verified pre-approval letter, you will need to upload financial documents such as W2s, paystubs, tax returns, and bank statements. This usually takes about 20 minutes. Then we will review them and generate your letter.
Before you can get serious about buying a home, you need to get pre-approval for a mortgage. Learn what you need to speed up the approval process.
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