Why Should I Get Prequalified For
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~ WHY GET PREQUALIFIED FOR YOUR HOME MORTGAGE? ~
Home Buyers Real Estate Learning Center
Why Should I Get Prequalified For A Mortgage? Part 1:
Why Prequalify for a home mortgage?
for a loan makes you an appealing buyer in the eyes of the seller.
Pre-qualification approves you for up to a certain mortgage amount,
even before you look at your first home. Once you do start looking,
you won't waste time looking at homes you won't be qualified for-and
you'll be in a strong position to make an offer as soon as you find
something you like. Selecting the best financing package available is
as important as finding a home that meets your needs. There are three
factors to consider in determining how much you can afford:
2. Ability to qualify for a mortgage.
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