Your pre-approval is beneficial in a number of ways, but its most immediate benefit comes when it’s time to submit an offer. A strong pre-approval signals to the seller that you’re able to secure financing for the home, that you’re ready to close quickly, and that you’re serious about purchasing a new property. Often, sellers will accept an offer with a strong pre-approval tacked on, as it signals a less risky deal and a more well-prepared buyer who’s motivated to close.