Should I get pre-approved before I shop for a home?
Should I get pre-approved before I shop for a home?
Yes, absolutely! This will let you know how much home you can afford. It makes shopping
for a home a lot easier. You don’t want to fall in love with a home only to find out that
the bank will not qualify you for that purchase amount. As soon as you think you might be
interested in buying a home and get pre-qualified!
Getting pre-approved requires that a lender verify your financial information and
serves as their commitment to lend you a specific amount of money.
It will give you a number of advantages:
- When you do find a property, seller's will take you more seriously given that you have a
lender that has committed to backing your offer.
- It gives the assurance that you're looking at homes you can confidently afford to finance.
Your efforts will be focused on properties that match your financing abilities.
- You'll have an edge over other buyers who aren't pre-approved. In situations where there
are multiple offers on a property, this can be the difference between having your offer accepted
or losing the property to another buyer.
We're eager to help you get pre-approved either through us or any other lender. If you're interested,
we can begin immediately,just click here.
Back to Buyer's Guide
| 
