How do I get pre-approved for a car loan?
I want to get pre-approved to speed up the car-buying process. How do I secure pre-approval?
Answer provided by
Answered on Mar 12, 2021
All you really have to do is submit an application to a lender online, over the phone, or in person. You should include information such as proof of identity, income, and residence. The lender will then review your application and determine your approval amount and interest rate. It really is as simple as that, but you will probably benefit from seeking out a lender that you already have a relationship with. It is also a good idea to shop around to get pre-approved for the best terms before heading to the dealership.
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
"When does a car insurance policy’s coverage begin? "
I got into an accident on the way home from buying my car. I was planning to purchase insurance when I got home. The wreck happened about two hours ago. Will I still be covered if I buy insurance now?
Apr 19, 2021
Where can I find the cheapest SR22 insurance in Nevada?
I had a DUI in Nevada. After a year of having my license suspended, I can now drive. However, I need to find cheap SR22 insurance.
May 04, 2021
What will happen to an uninsured motorist after a multi-car accident?
"I was in a multiple-vehicle accident and an uninsured, unlicensed driver was at fault. Everyone besides the at-fault driver had insurance. What's going to happen to the uninsured driver? Are they going to be penalized? I don't think it's fair that they can cause all this damage and not have to pay for any of it."
May 10, 2021