It is really essential to be prequalified before looking at houses, especially in a competitive market. Having a pre qualification letter on hand will allow buyers to make qualified offers quickly. A lender will need very little upfront information to pre-qualify, but they can help define the amount of house you can afford – which also determines the houses you view. If you need a list of local lenders who can get you pre qualified, give me a call.
Posted in: FAQ for Buyers