• The Fastest Way to Close the Deal on Your New Home

• With the Interate Home Buyer Advantage, you receive Advanced Credit Approval, which means you'll have the answers you need up front.

• Know how much house you can afford, and the approximate amount of your monthly payments. You can even lock-in an attractive interest rate when it becomes available if you choose.

• Show Realtors, builders, and home sellers that you're serious about buying a home.

• Receive priority handling of your loan including express underwriting, property appraisal, and document preparation so you can close the deal quickly once you find your new home.

The Interate Home Buyer Advantage Commitment versus Pre-Approval.

An Interate Home Buyer Advantage Commitment letter is formal approval for an actual mortgage loan, with specific terms, loan amount, and a maximum interest rate. An appraisal of your new home and this commitment are all you need to proceed to closing. Pre-approval, by comparison, provides guidelines on what you may be able to afford. Once you find a home, some other lenders that offer pre-approvals need a complete application, then often take 30-60 days to make a commitment.

Buying a Home is Easier When You Already Have the Mortgage Approval

A home is one of the largest investments you will ever make. With the Interate Home Buyer Advantage commitment, you make home buying decisions easier, faster, and without uncertainty. Here's why:

1. You know what you can afford. With the Interate Home Buyer Advantage, your loan is already approved. Confidently look for your new home in the price range you can afford.

2. Negotiations are smoother. Real estate brokers and home sellers appreciate the Interate Home Buyer Advantage because pre-approved financing removes uncertainty from the purchase offer. Sellers may proceed with their own plans sooner.

3. Less hassle. Once an offer on your new home is accepted, the Interate Home Buyer Advantage allows you to proceed to the closing more quickly, pending only an appraisal of the new home and phone verification of changes in your financial condition.

How Does the Interate Home Buyer Advantage Certificate Work?

When you apply for the Interate Home Buyer Advantage, your mortgage lender or broker will calculate the loan amount that you can afford based on your income, down payment amount, and current monthly obligations. You'll also choose a loan program from a wide range offered under the Interate Home Buyer Advantage including fixed - and adjustable-rate, conforming and jumbo loans.

You can also choose a loan program at the current guidelines that fit your needs This gives you the added security of knowing that you'll still qualify if interest rates go up while you shop for your home. To get the Interate Home Buyer Advantage application rolling, you'll need to provide the following:

1. A full month's pay stubs for each borrower.

2. Your most recent three months bank statements.

3. Two years' W-2 forms (or tax returns, if self-employed).
    

Based on this information and a fully completed loan application, you'll receive advanced credit approval, and, if you choose the Interate Home Buyer Advantage lock option, a guaranteed interest rate.

Power Shopping at Your Fingertips
As soon as you're approved, you'll receive the Interate Home Buyer Advantage Certificate in the mail along with a letter explaining the conditions of your approval. Your certificate shows everyone Realtors, builders, and home sellers that you're not just window shopping... you're ready to act!

Quite simply, the Interate Home Buyer Advantage eliminates much of the worry and stress associated with buying the home, and allows you to focus on what means the most to you - your new home. With the Interate Home Buyer Advantage you can act with confidence, move quickly, and put yourself in the home of your dreams.

The Interate Home Buyer Advantage Gives You the Home Buying Edge!

The Interate Home Buyer Advantage is the home loan program that gives you credit approval first - before you shop for a home. Almost any lender can prequalify you, but the Interate Home Buyer Advantage puts you one giant step closer to owning your home.

While You Shop...

- Improve your negotiation position.
- Advance credit approval before you find your new home.
- Protection against other buyers bidding for the same home that you have agreed to buy.

When You've Found Your New Home, You Will Receive;
Priority handling of your loan. - Priority handling of your property appraisal. * Priority status for document preparation.

If you're thinking of buying or looking for a home soon, apply for your Interate Home Buyer Advantage financing now. Our experienced mortgage professionals are ready to answer your questions and explain how the Interate Home Buyer Advantage can quickly provide you with the financing you need to buy a home you can afford at today's low interest rates.