Certified Pre-Approval

Improve Your Home Buying Power


Before you start deciding how many bedrooms and bathrooms you need, it’s crucial to sit down and determine how much house you can afford. Once that’s done, we give you a Certificate of Pre-Approval, which is a document that tells your realtor and the seller of any home you’re interested in that you’ll likely be able to get a loan to do the deal. It’s really difficult to get buyers interested in your offer with it.

To get there, an Ark Mortgage Advisor helps you to work out a budget. We consider your net income and subtract your current debt while leaving wiggle room for unforeseen expenses. That determines your Maximum Affordable Payment (MAP) for your mortgage, which in turn tells us what amount loan you’ll be likely to be approved for. Your Ark Mortgage Advisor will also tell you about various ways you can maximize your purchasing power.

How much mortgage can I afford?

The first step in buying a house is determining a realistic budget. Start with this handy calculator to get an estimate of how much you can qualify for, and how a home loan will fit into your monthly payments. The calculator takes into account your income, the purchase price, and total monthly payment. Try a couple scenarios to see how it might affect your finances.


The Ark Certified Pre-Approval Difference

Faster Applications

Working with your Personal Mortgage Advisor, you’ll complete the Certified Pre-Approval app in less than 30 minutes

Approvals in 1 Day

Our in-house underwriting team will review your application and documents within 24 hours or less

2 Month Guarantee

The Ark Mortgage Certified Pre-Approval conditionally guarantees your approval limit in writing for 60 days.

Close Within 3 Weeks

With the Ark Express Mortgage, you’ll move from a completed application to the closing table in under 21 days.

A Lifetime of Savings

The Ark Mortgage Lifetime Guarantee gives you the option to refinance later without origination or appraisal fees.