Condo Loan Pre-approval

GET PRE-APPROVED FOR A CONDO LOAN

Before diving into your L.A. condo search, securing a mortgage pre-approval is a crucial first step. It helps define your budget, ensures you're shopping within your means, and positions you as a serious, qualified buyer in a competitive market. Sellers take notice when offers come from pre-approved buyers—it signals readiness and reliability. The Condo Cowboy is happy to connect you with trusted lenders who can guide you through the pre-approval process and set you up for success from day one.

PRE-APPROVAL PROCESS

Getting pre-approved for a condo loan is a key first step in your buying process. It begins by connecting with a lender—if you don’t already have one, The Condo Cowboy can introduce you to trusted local mortgage brokers. Once you've selected a broker, we recommend scheduling a call or in-person meeting to discuss your financing options. This is the best way to get your questions answered, understand your borrowing power, and begin the pre-approval process with clarity and confidence.

PRE-APPROVAL LETTER

Once you're pre-approved, your lender will provide a pre-approval letter—an official document stating the loan amount you're qualified to receive. This letter is essential when submitting an offer, as it signals to sellers that you're a serious, financially capable buyer with a high likelihood of closing escrow. It also strengthens your negotiating position in competitive markets. Be sure to keep this document easily accessible throughout your condo search—it’s one of your most valuable tools.