One of the best things you can do to
ensure you get the home you want is to
arrange for financing before you go
shopping. This is often referred to as
Getting pre-approved simply means that
your lender has calculated how much of a
mortgage they’re willing to offer you,
depending on your down payment and
current financial situation.
There are two advantages to having a
pre-approved mortgage. First, you know
exactly what you can afford when
shopping for a new home. Second, when
you make an offer, you’re likely to be
taken more seriously.