What can I afford?

Have Your Credit Pre-Approved

Getting a credit pre-approval means you receive a loan qualification from your mortgage company before you have found a home, based on a review of your credit and finances. A credit pre-approval shows sellers that you're a qualified buyer and helps you establish a clear price range.

There are many good reasons for getting a credit pre-approval before you buy a home:

It makes your home search more efficient by allowing you to focus only on homes you know you can afford.It lets sellers know that you can back up your offer, so they don't have to worry about whether you can get a loan.It lets you know early in the process if you will have difficulty getting pre-approved, so you have a chance to address problems before finding a home.It gets much of the mortgage process out of the way up front, so you can complete your transaction quickly after you find a home.