What You Need To Know About Pre-Approval
Some Highlights
- Before you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage.
- Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your budget and makes your offer stand out for sellers.
- Connect with a trusted lender to get the process started.
You may have seen talk online that new home inventory is at its highest level since the crash.
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market.
