| Pre-Qualify For A Home Loan | |||||||||||||
Why Pre-Qualify ?
| We recommend that before you begin your house hunting, you begin the loan pre-qualification process. Getting pre-qualified requires that a lender verify your financial information, and it serves as their commitment to lend a specified amount based on that information. It will give you a number of advantages:
| First 
| When you do find a property, sellers will take your offer more seriously given that you have a lender that has committed to backing your offer.
| Second
| It does give the assurance that you're looking at homes you can confidently afford to finance. Your efforts will be focused on properties that match your financing abilities.
| Third You'll have an edge over other buyers who aren't pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted or losing the property to another buyer. | |
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