A pre-approval is when we take a detailed look at your documentation to determine your eligibility for a loan. At this stage, your loan has usually been approved by an automated underwriting system and we have verified all your documentation. We will then provide you with a pre-approval letter which you can give to your realtor or keep it as you search for a home. Providing a pre-approval letter with your offer will improve the strength of your offer and make a seller more likely to choose your offer over others.