Pre-Approved in Minutes

Zillow recently launched a new series of “What If” commercials, leading to the question “What if I could get preapproved in minutes?”

After clicking the “Get Pre-Approved” tab buyers can enter information about income, monthly debt, and credit score.  This populates a probable loan amount estimate.  Buyers then have the choice of taking it a step further by entering personal contact information and the tool pulls individual credit reports.

If lender standards are met, the buyer is sent an online preapproval letter.  Simple.  Fast.  Easy.

Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions regarding buying or selling contact Alyssa at 757-329-6161 or You can also find Alyssa on Facebook or on the web at