Getting Pre-Approved – The Smart First Step in Homebuying

Pre-approval is your homebuyer’s passport. It streamlines your search and proves to sellers you’re a serious contender. At eHomeLoan, we make mortgage preapproval fast, easy, and stress-free.

What is Mortgage Pre-Approval?

Pre-approval means a lender has reviewed your finances and is ready to offer you a specific loan amount, subject to final approval. It gives you a clear picture of your homebuying budget.

Benefits of Pre-Approval

• Know your price range

• Earn seller trust and speed up negotiations

• Catch credit or documentation issues early

Get Pre-Approved in 5 Steps

1. Fill out a pre-approval application.

2. Submit income, employment, and credit information.

3. eHomeLoan reviews your documents.

4. Receive your pre-approval letter!

5. Start shopping for your dream home with confidence.

Pre-Approval FAQs

How long does pre-approval take?
With eHomeLoan, pre-approval can be done in just a day or two.

Does pre-approval affect my credit?
A credit check is required, but usually has a minimal impact.

Ready to get started? Contact our experts at (800) E-HOME-LOAN or welcome@ehomeloan.com.
#ehomeloan #preapproval #homeloan #buyingnewhome

Blog 5: Mortgage Calculators – Your Guide to Smarter Homebuying

Before searching for your next home, use a mortgage calculator from eHomeLoan. It empowers you to shop smarter, set realistic expectations, and avoid future surprises.

What Does a Mortgage Calculator Do?

A mortgage calculator estimates your monthly payment based on the home price, down payment, interest rate, loan term, and taxes/insurance.

Benefits of Using a Mortgage Calculator

• Plan your monthly budget realistically

• Test different loan amounts and down payments

• See how interest rates impact your costs

How to Use the eHomeLoan Mortgage Calculator

1. Enter your purchase price and down payment.

2. Set your expected interest rate and term.

3. Add property tax and insurance estimates for accuracy.

4. Review your monthly payment and amortization schedule.

Why It Matters

Home affordability is more than the sale price—taxes, insurance, and interest can change your monthly obligation. Using our calculator helps you avoid financial stress and prepares you for homeownership.

Ready to crunch the numbers? Try the free mortgage calculator at eHomeLoan, or talk to a specialist at (800) E-HOME-LOAN.
#ehomeloan #mortgagecalculator #homeloan