Purchase booster

Easier Home Buying: Veritas Funding Purchase Booster Program

Set Yourself Apart From The Competition – Get Pre-Approved With Our Purchase Booster Program

According to a survey done by the National Association of Home Builders, 40% of potential homebuyers in America said the reason they haven’t bought a house yet is that they keep getting outbid

Unfortunately, considering the high demand for housing along with a record low supply (the number of homes for sale fell by 29.5% between 2020 and 2021 according to the National Association of Realtors), this isn’t surprising.

However, despite today’s insanely competitive real estate market, you shouldn’t lose hope just yet. If you’re interested in buying a home (but are sick of losing to cash offers time and time again), Veritas Funding can help give you the upper hand you need.

Veritas Funding Purchase Booster Program is a Solid Pre-Approval

Our specialized Purchase Booster Program provides you with something that every seller is looking for these days: a loan pre-approval. When competing against cash offers, a pre-approval is essential to providing the home seller peace of mind.

Why do home sellers prefer cash offers? Because it means there’s a higher likelihood the sale will actually go through (as there are often fewer contingencies involved). For example, with a cash offer, the buyer isn’t as likely to back out of the sale if their loan falls through – which is always a risk when financing is involved.

This is where our Purchase Booster Program comes into play. The program is designed to give you an edge over other potential buyers who don’t have a loan pre-approval. You will receive a preapproval letter that shows the seller you mean business – and that you have the financial backing to make good on your offer.

Unlike a pre-qualification, a pre-approval isn’t just a quick estimate or a vague idea of what loans you “might” qualify for. When you get pre-approved through the Veritas Funding Purchase Booster Program, one of our Loan Officers can provide you with a specific loan amount as well as actual interest rates.

In addition, because a member of our Underwriting Team will actually verify things like your tax, employment, and credit history before approving you, you (and sellers!) can feel confident knowing that this is the real deal.

The Competitive Edge You Need

Getting a true conditional approval of a loan through the Veritas Funding Purchase Booster Program is one of the smartest things you can do when you’re considering purchasing a home. Some of the many competitive advantages you can enjoy include:

A Pre-Approval Provides the Ability to Make a More Attractive Offer

In a competitive market, having a pre-approval in hand gives you the ability to make a more attractive offer to sellers since they know that you are serious about the purchase and that financing is not an issue.

Although there may be other buyers who are interested in the same property, being pre-approved puts you in a stronger negotiating position and helps increase the likelihood that your offer will be accepted.

A Pre-Approval Simplifies the Home Loan Process

Applying for a home loan can be a complex and time-consuming process. But with a pre-approval from our team of qualified mortgage loan officers, you can streamline the process and avoid a lot of the hassle.

We'll take care of most of the paperwork and phone calls, so you can focus on finding your dream home. And because we have a wide range of loan products to choose from, we're confident that we can find the right fit for your needs.

A Pre Approval Can Shorten the Home Buying Process

After you have a full pre-approval, there are not many details left for Underwriters to evaluate before signing off on the final loan approval. This is because they have already verified all of your income and debts, run a credit report, and checked your credit.

The underwriting process is important because it's the final step in ensuring that you get the best possible terms for your loan. By having a pre-approval, you'll be able to move through the process more quickly and with greater confidence.

As a result, you'll be in your new home sooner and with a loan that better meets your needs.

A Pre-Approval Can Help You Stick to a Concrete Budget

Knowing exactly how much you’re approved to borrow can help you better focus your search and avoid any nasty surprises down the road. There is nothing worse than falling in love with a home, only to find out you aren't approved for that loan value.

If you’re interested in becoming a homeowner but are tired of losing out to all-cash offers, the Purchase Booster Program from Veritas Funding can help give you the competitive edge you need.

How to Get Started

If you’re interested in setting yourself apart and getting pre-approved, the first thing you should do is submit an official loan application or get in touch with one of our Loan Officers.
Not quite ready to take the steps above? No worries! Try learning more about Veritas Funding or the loan programs we offer first.