Home Buying Process

Once you're ready to buy a home, it's essential that you first get pre-approved for a mortgage loan. Going through the pre-approval process means your lender has reviewed your financial status by verifying your income and debt status. Once you've completed the pre-approval process, your lender will be able to tell you with confidence just how much house you can afford to buy based on the loan amount for which you qualify. Don't confuse the pre-approval process with a pre-qualification, which will simply ballpark how much you can afford to spend based on unverified income and debt estimates.