approvU for Mortgage Pre-Approval

Getting pre-approved early enough is advisable to allow you enough time to shop for your ideal property. Pre-approvals will only last for three or four months. You can certainly have it renewed if your credit or income situation has changed. Thankfully, that process only takes 6 minutes with approvU.

It takes less than 6 minutes to go through the pre-approval process with approvU. You’ll need to provide details about your needs, credit, and income. approvU algorithms use that information to determine your house buying power.

No, approvU does not check your credit record to determine your house-buying power. We are still in the process of making that integration with a credit reporting agency.

However, there are many sources to get your credit score for free. We require you to provide us with the specific range of your credit score.

approvU only checks your credit score after you settle on a place to buy and are willing to proceed with the mortgage. The good thing is your credit is only checked once, regardless of the number of lenders you choose to submit your application to.

approvU determines your pre-approved mortgage amount using the income, credit and down payment information you provide, together with the mortgage qualification rates of each mortgage in our database.

To increase your pre-approval amount, you will need to increase your income, down payment, and/or credit score or reduce your debt load.

No, approvU is not a mortgage lender.

approvU is an online distributor of mortgages. We do not replace mortgage lenders. We make it easy for you to shop and get the right mortgage easily and conveniently by providing you with a tool shop for mortgages across multiple lenders to not miss out on the lowest mortgage rates in the market.

It cost nothing. approvU is free to use and get pre-approved.

Yes, you can get pre-approved for a mortgage with approvU to buy a rental property. 

Getting pre-approved to buy a rental property is not standard in the industry. Technology has helped us make this possible for borrowers like yourself. Now you will be considered for pre-approval, even with bad credit or self-employed income. 

Get started today to see what you can afford with approvU pre-approval.