Mortgage Brokers In today’s market, sellers are looking for bone fide pre-approved buyers. Very few sellers will even look at your offer if it’s not pre-approved. For Buyers: A pre-approval letter from a bank in the city or region where you want to buy strengthens your offer, especially in a situation involving multiple offers. Seller’s want to negotiate with someone who’s backed by a reputable mortgage company, not a faceless internet company without a brick and mortar office. The pre-approval process is invaluable. It tells you how much you can afford and how much cash is required for a down payment. Don’t go into the buying process without knowing how much you can spend. Check out our mortgage calculator to see how much your monthly payment would be. Contact Maureen with your questions about mortgage brokers.