Pre-Approval 101: What You Need To Know
Published | Posted by Adrienne C Wilson
Lenders, pay stubs, and pre-approval oh my! I call this: Getting Serious. Here’s what you need to know about getting pre-approved ☺️ I promise it’s not as scary as it sounds. I understand it’s probably the most intimidating because who wants to talk about money, you know? But the thing is, we have to do this to get to the fun stuff! The home tours, the accepted offers and the getting the keys part! The pre-approval process is actually so important for you to go through before starting your home search because you’ll be able to sit down with a lender and determine what you can realistically afford. Sometimes, on paper, you can afford a lot more than you actually want to be spending on a mortgage. It’s important to find out things like what type of loan is right for you, how much you’ll have to put down, how much your closing costs will be, and all the things. So before you head to Google or even have me set you up on a home search, I’d love to connect you with one of the trusted lenders I partner with so you can start off on the right foot (and with confidence).
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