14746 Main St, Suite D Upper Marlboro, MD

Envision Realty

First Time Home Buyers


Envision Realty wants to assist homebuyers with making one of the biggest decisions of their lives.  When you are in the process of buying a home, it can be stressful, but we are here to simplify the process.  Our realtors want to make sure that you have all of the information to make an educated decision throughout the process.

Get Pre-approved | To get Pre-qualified, click here

One of the most important steps in buying a home is getting pre-approved for a loan.  It is wise that first time homebuyers sit down with a loan officer to discuss that amount of the pre-approval, the estimated monthly payment, the estimated down payment, and the different programs that are offered by the lender before looking at any houses.  Gathering that information will make first time homebuyers feel more comfortable.

A pre-approved mortgage loan is a lender’s commitment to lend to the homebuyer, with specifications on the exact loan amount. To get pre-approved, homebuyers need to provide personal financial information—such as income, debts and assets—to a lender.

Establishing an advantage in a competitive market: Having a pre-approval letter provides the homebuyer with an edge in a multi-offer situation. Sellers prefer working with potential buyers who are pre-approved in order to avoid the threat of a deal falling through because the purchaser cannot get sufficient financing.  An offer with a mortgage pre-approval letter carries far more weight than an offer with only a pre-qualification letter or no letter at all. In fact, sellers often accept offers from pre-approved buyers over buyers with higher dollar offers who have not been pre-approved.

Decide on a price range: Getting pre-approved for a mortgage enables homebuyers to determine, prior to house hunting, how much money they qualify for, and how much they can afford to spend. The real estate sales associate and homebuyers can then focus on finding homes in the established price range.

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