One of the best things you can do to help ensure your best possible shot at getting the home you want is getting a pre-approved mortgage loan.

One of the best things you can do to help ensure your best possible shot at getting the home you want is getting a pre-approved mortgage loan. Mortgage pre-approval is basically a promise from the lender that you’re qualified to borrow up to a certain amount of money at a specific interest rate, subject to a property appraisal and other requirements. With this meaningful promise, you’ll be likely to get the home you deserve due to your creditworthiness.

In the mortgage pre-approval process, the lender looks closely at your credit and verifies your income (unlike mortgage pre-qualification, in which your information is not verified). If you’re granted a pre-approved mortgage loan, the lender gives you a pre-approval letter, which says your loan will be approved once you make a purchase offer on a home and submit the following documents: the purchase contract, preliminary title information, appraisal, and your income and asset documentation.

Keep in mind, though, that mortgage pre-approval does not completely guarantee your loan will be approved and is generally only valid for 60-90 days (this timeline varies and can be verified by your lender).

https://www.experian.com/blogs/ask-experian/pre-approved-vs-pre-qualified-whats-the-difference/

I am an experienced loan officer with over twenty- years of " financing your dreams" I will LISTEN to your questions and never claim I'm too busy to work with you.

credit.com, experian