Many home buyers think that getting pre-qualified is not necessary when purchasing a home, but it is an important first step. Getting pre-qualified for a mortgage:
ensures you, your realtor, and sellers of potential properties you are able to obtain mortgage financing.
sets a financial road map for you, so you know what price points you should target.
provides you with reasonable expectations before your home search begins.
gives you the opportunity to discuss all of your options with a loan officer up front, ask any questions you may have, and get informed on the mortgage process.
Buying a home is a huge commitment and is one you should be educated about. Getting pre-qualified is your first step to home ownership!
