A strong pre-approval tells sellers you're ready and tells you exactly what you can afford. Clear2 reviews your income, credit, and assets up front, then matches you with the purchase loan that fits.
A pre-approval is a lender's conditional commitment based on a review of your credit, income, and assets. It is stronger than a prequalification and gives sellers confidence that your financing will close.
See your price range and estimated monthly payment before you fall in love with a home.
Sellers and agents take pre-approved buyers more seriously, especially in competitive markets.
Issues with credit or documents surface early, while there's still time to fix them.
Here is what happens from your first call to closing day.
Every program has different rules on down payment, credit, and property type. Start with the one that sounds closest to your situation.
Low down payment and flexible credit for first-time buyers and credit rebuilders.
No down payment and no monthly PMI for eligible veterans and service members.
Fannie Mae and Freddie Mac loans for buyers with solid credit.
Financing above the conforming limit for higher-priced homes.
No down payment for eligible rural and suburban homes.
Programs, down payment help, and a step-by-step plan for your first purchase.
Loan options for business owners and 1099 earners.
Qualify with bank deposits instead of tax returns.
Investment property loans that qualify on rental income.
Flexible programs for borrowers who don't fit standard guidelines.
Every program weighs these factors a little differently.
Three common ways buyers use a Clear2 pre-approval.
A renter with modest savings got pre-approved for FHA with down payment assistance and closed in 30 days.
A family needed to buy before selling. We structured the purchase so their current home's equity could fund the down payment.
A business owner qualified using 12 months of bank statements after a bank turned down the tax-return approach.
Your loan officer handles the pre-approval, talks with your agent, and keeps your file moving through closing.
You work with one loan officer from your first question to the closing table. Clear2 is licensed in 22 states, and every loan officer has the same lender network behind them.
Clear2 Mortgage2600 W Big Beaver Rd, Suite 100Troy, MI 48084(248) 970-0040
Christopher Kas-Marogi founded Clear2 Mortgage and has more than $1 billion in funded residential loans. He built Clear2 as an independent broker so borrowers could get their loan matched to the right lender instead of a single bank's product list.
Five-star reviews from Clear2 clients on Google.
"Donavin was straightforward and a breeze to work with. Communication was quick and easy. The whole process was seamless and he was available for guidance or questions. I would not hesitate to use Clear2 Mortgage in the future."
"Alex was absolutely amazing from the beginning. He was patient and thorough with all of our questions. He even followed up after the process was finalized to ensure everything was still good. I would recommend him to everyone!"
"The process was seamless and every question I had as a first-time home buyer was answered. My loan officer gave me his professional opinion based on my specific circumstances to personalize my loan."
What's the difference between prequalification and pre-approval?
A prequalification is an estimate based on what you tell us. A pre-approval is based on a review of your credit, income, and asset documents, which makes it much stronger with sellers.
How long does a pre-approval last?
Most pre-approvals are good for 60 to 90 days. We can refresh yours if your search takes longer.
Does getting pre-approved hurt my credit?
A pre-approval includes a credit check, which can cause a small, temporary dip. Multiple mortgage inquiries within a short window are usually treated as one.
How much do I need for a down payment?
It depends on the program. VA and USDA loans can require nothing down, FHA starts at 3.5%, and some conventional programs start at 3%.
How long does it take to close?
Most purchases close in about 30 days once you're under contract.
Can I use gift money for my down payment?
Yes, on most programs. The donor signs a letter confirming the money is a gift.
Start online in a few minutes. A loan officer will follow up with your options and next steps.
Clear2 Mortgage, LLC. NMLS #1911663. Licensed Mortgage Broker. 2600 W Big Beaver Rd, Suite 100, Troy, MI 48084. Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval, property appraisal, and underwriting guidelines. Rates and terms subject to change without notice.
