Why Getting Prequalified Helps You Find a Home
When you’re ready to buy a home, your first step should be to get prequalified for a home loan.
Is it required? No.
Is it beneficial? Yes.
Why? There are a number of reasons. Firstly, it’s extremely easy:
Getting prequalified for a mortgage will give you a better idea of how much home you can afford and which loans you may qualify for. The number you receive will be an estimate based on what you know and tell a lender about your credit, income, and by examining your assets compared to your debt for things like outstanding credit card balances, auto or student loans, etc.
Here are some additional reasons to consider:
When your house hunting goes from “just looking” to “ready to buy,” make sure you get prequalified and benefit from all of the advantages mentioned above.
Get your home loan lesson plan
While it may start with an email address, our goal is to secure you a new home address. It’s simple with your personalized Lesson Plan. Every step of your journey is covered so you know what to expect, when to expect it and are always up to date. It’s the perfect place to get started.