Here are the primary steps for a Home Loan Preapproval:
- Initial application: You’ll contact a lender and provide basic financial information.
- Document collection: You’ll provide requested documents like pay stubs and bank statements.
- Credit check: The lender will pull your credit report — revealing your credit score and credit history — as as a basis for evaluating whether you qualify for a mortgage.
- Financial review: The lender will evaluate your finances such as your income, debts, and assets to decide the loan amount you qualify for.
- Preapproval letter: The lender will issue a letter stating if you qualify for a mortgage and for how much. (Preapproval letters often expire after 60 to 90 days.)
- Shop for homes: You can start searching for homes for sale within the price range stated on your preapproval letter. Once you find a home to buy, you’ll need to complete a final mortgage application process (you don’t have to use the same lender).
Check out below to see what sold in Blue Heron Pointe in August 2025:
47708 Blue Heron Drive S., Northville: 2 bedrooms, 3.1 bathrooms, 2,114 sq. feet, 2 car garage, Sold Price: $650,000
Blue Heron Pointe Home Sold
August 2025
For more information on Blue Heron Pointe, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.