The Power of Being Pre-Approved as a Buyer in Today's Market
Article from Keeping Current Matters
If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now it is essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One thing you can do to help you prepare is to get pre-approved.
To understand why it’s such an important step, you need to know what pre-approval is. As part of the process, a lender looks at your finances to determine what they’d be willing to loan you. From there, your lender will give you a pre-approval letter to help you understand how
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