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Jul 08, 2021

The M Report

Simplify your borrower’s home search with a TBD pre-approval. 

Caliber Wholesale offers purchase pre-approvals without a property address. 

At Caliber Home Loans, Inc., we’re committed to helping our Brokers compete in an evolving and dynamic home lending market. In one of the hottest purchase markets, confidence and speed to close are critical to compete with cash buyers. Caliber Wholesale's TBD (To Be Determined Property) allows your borrowers, their Realtors, and the seller to secure the home of their dreams. 

When you work with Caliber Wholesale:

  • You can provide your borrowers with fast and accurate pre-approvals, even without a property address.
  • You have the confidence in dealing with one of the best purchase lenders when sending loans to Caliber Wholesale. 

It’s a win-win situation for everyone.
How a TBD pre-approval from Caliber Wholesale can help you close more sales:

  • In a competitive market with multiple offers, sellers often choose the pre-approved buyer – even if their offer is slightly lower than other potential buyers without a pre-approval.
  • If a seller wants to close a sale quickly, a pre-approval provides real peace of mind. All the work on the loan, including a full credit underwrite, has already been completed.
  • If you’re working with a potential borrower with unconfirmed credit and/or employment history, a pre-approval can help you find out which customers qualify.
  • Your knowledge about the benefits of a TBD pre-approval will demonstrate your expertise to your borrower and help you build customer trust.

Ready to get to work? Contact us today to learn more about how TBD pre-approvals can help boost your business.

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