Lainie Chambers, Mortgage Loan Officer with Fairway Independent Mortgage Corporation, Interviewed on Colorado Real Estate Leaders Podcast

Lainie Chambers discusses the difference between being pre-approved and pre-qualified for a mortgage loan. If people are thinking about buying a home in Colorado, they’ll likely need to get a mortgage. But before they start the process, it’s important to understand the difference between being pre-approved and pre-qualified for a loan.

Listen to the interview on the Business Innovators Radio Network: 

https://businessinnovatorsradio.com/interview-with-lainie-chambers-mortgage-loan-officer-with-fairway-independent-mortgage-corporation/#

Chambers explained that: “Pre-approval means that a lender has reviewed people’s financial information and is willing to provide them with a loan up to a certain amount. This gives them a clear idea of how much money they can borrow and can make the home-buying process easier and more streamlined. Pre-qualification, on the other hand, simply means that people have provided some basic information to a lender who then gives them an estimate of how much money they could potentially borrow. This is not as formal as pre-approval and doesn’t guarantee that they’ll actually get the loan.”

So, if someone is serious about buying a home in Colorado, it’s best to get pre-approved for a mortgage loan. This will give buyers the peace of mind of knowing how much money they have to work with and will make the home-buying process go more smoothly.

At Fairway Independent Mortgage Corporation, they understand the importance of being the most favorable deal on the table. The winning combination of a Fairway Cash Guarantee and Fairway Advantage Pre-Approval* will give you the buying power you need to COMPETE WITH CASH! In fact, Fairway is so confident that they will buy the seller’s home if they cannot close for a financing reason by the contracted date.

If the guarantee is triggered, the seller may opt for Fairway to NOT buy their home, and instead walk away from the deal with $10,000 paid by Fairway, and the contract terminated.

 Vickie F. says: “Fairway surprised me with their business integrity. They communicated well among themselves to work out my financing in the way I had imagined my dollars to stretch. Everything here is transparent and there were no hidden items to deal with. Integrity is more than just a word the company uses. It also describes their people.”

  

About Lainie Chambers

Lainie is a high-energy Colorado native with 18 years as a loan originator. She is a proud mother of one son who lives here in Denver and is a successful model. She’s a big Broncos fan but love watching most sports, especially during playoffs.

She is an avid traveler who loves new experiences, places, and food. Just trying to stay active, happy, and healthy in this wild world!

Learn More: https://mtgpro.co/0j3qa

Lainiec@fairwaymc.com

720.495.2788

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