Pre-Approval

 

Should I get pre-approved before looking for a property? It's a great idea to get pre-approved before you start home shopping. When you get pre-approved, you know ahead of time how much house you can afford, what you can expect your monthly payment to be, and how much money you will need for the down payment and settlement costs at closing. And the best benefit is that Real Estate Agents and sellers will take your offer more seriously if you have been pre-approved.