Page 33 - Expert Issue 2015 (2)

Lynn Schuler:

Should I Get Pre-Approved?

Buying a home is one of the biggest purchases of a lifetime, so The main reason was their process: Six hour underwriting and
when the time comes to make that move, it is comforting to know seven business days to process loans and get them cleared to
that you are going into the deal with your eyes wide open and pre- close. The goal is to make sure families have a great experience
pared in every possible way. We had the opportunity to speak with with their home buying process. Movement Mortgage approves
one of the most experienced and respected Loan Officers in San their loans upfront before the buyer finds a home, removing all the
Diego, Lynn Schuler of Movement Mortgage. guess-work. The ability to consistently close a loan in 10 days,
17 days or 30 days, is what sets Movement Mortgage apart from
Many of our readers had questions regarding the home buying the competition. It removes the stress off the buyer, seller and the
process. One of the most common inquiries we encountered was realtors. Another driving force in my decision was the Leadership
on the topic of Pre-Qualification vs Pre-Approved. Our readers and clear direction of the company and the many ways they give
wanted to know if they should get Pre-Approved before search- back to the communities in which we do business in.”
ing for a home or find the home they want and then approach
their lending source. Pre-qualification is a quick conversation with When you talk to Lynn, you can clearly see the passion in her San Diego Woman
a Loan Officer or even a loan application, but no financials are eyes as she speaks about this career she has worked at for over
provided. 25 years. “As I moved up in the ranks of various banks throughout
the years, it became overwhelmingly obvious that home loans
Lynn often is asked this very question and she simply replied “In were my passion. I love being able to see the 1st time buyer sign 33
today’s fast paced, ever changing market buyers need to know that their closing documents with tears in their eyes because they can’t
they can actually get financing to buy a home AND get pre-ap- believe they really own their first home. I love watching my clients’
proved to make an offer. The lending guidelines continue to evolve families grow in size and I get to see the house they are upsizing
in response to the mortgage melt-down of 2008. By submitting to. It’s such a joy to be the Trusted Advisor to my clients’ mortgage
your income, asset and credit documentation to a Lender ahead needs.”
of time, you can virtually eliminate any surprises or loan fallout
because your loan file will be reviewed and underwritten ahead Lynn specializes in every loan product from Conventional, Jumbo,
of time to ensure you qualify. Buyers also need to know what the FHA, VA and Renovation Loans. Whatever your needs are, she
total monthly payment will be on any given price point and that is can help find a way to meet them.
important to know ahead of time so you can stay within the budget There is only one other subject that we spoke on that brought the
you set. This creates realistic expectations that you and your Real- same sparkle to her eyes and that was when she spoke of her two
tor can work with.” beautiful boys Jacob, 13, and Zachary 9, and of course her hus-
band John. Family is so important to Lynn which was so evident
Many home owners realize the importance of living within their with her closing words, “Faith, family, community, commitment and
means. This is truly a way to assure that when you find that perfect integrity and of course having fun and living life to the fullest is
dream home you are not buying into a situation which will become what it’s all about.”
a financial nightmare.
For More Information on getting Pre-Approved, or for help with any
Lynn has been through tough economies having started in the of your mortgage needs contact Lynn
banking industry in 1987. She is aware of all of the pitfalls and
takes the personal approach with each of her clients. Lynn and her Lynn Schuler
husband John, a former Marine who served our country during the Sr. Loan Officer
first Gulf War, have been working side by side for the past eleven Lynn.Schuler@Movement.com
years. Prior to working for Movement Mortgage John worked in Direct: 760-707-8548
Law Enforcement and Lynn worked for another Mortgage com- EFax: 619-821-2023
pany. So I had to ask why they chose Movement Mortgage with NMLS # 76885 / CA –DOC # 76885
so many possible choices out there. Lynn smiled, “There were www.Movement.com/Lynn.Schuler
many reasons why I decided to work with Movement Mortgage.