The more you know about the mortgage process the better. Access a wealth of mortgage information and helpful tips here.
Getting prequalified for a home loan in today's market is an essential first step in the buying process. As an agent we can not submit offers to the seller without a prequalification letter. This ensures the seller that the buyer is qualified to purchase the home. Find out exactly how much home you can afford based on your income, debt, and other factors. It can also help you lock in a good interest rate and it puts you in a stronger bargaining position with the seller once you find the home you want.
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Last Updated On: 2019-09-19.