Why should I get pre-qualified for a mortgage?
There are numerous reasons why you would want to get pre-qualified for a mortgage. First, in today’s competitive market, a pre-qualification shows you are a serious buyer who can secure financing. You’ll stand out from the other offers. In fact, some sellers may even require that every buyer who will be financing has pre-qualification in place. Additionally, when you are pre-qualified it helps you throughout the process because you know what you can spend on a home and keeps you from getting in over your head.