Pre Approval
You should get pre-approved before you start you looking at homes, you can walk into a bank or ask your Realtor for a referral. This process will help you to start setting realistic expectations upfront in terms of affordability and you don’t get caught up looking at houses that you love but can’t afford.
When you are pre-approved for a mortgage loan, you’re beginning the application process for the mortgage. To provide you with a pre-approval, a lender reviews your income, the source of your down payment, your assets and liabilities, and inspects your credit report to determine your credit worthiness.
For more information you can reach me at (204) 960-4610
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