As a homebuyer the first thing you think you should do is go online, check out some properties you like, call an agent (hopefully me), and see some properties. One major step that is missed in that line of thinking is getting pre-qualified for a mortgage before you go out and see those properties. You’re probally saying “I’ve never heard that before” or “the other agents I’ve worked with didn’t ask for that.” To those comments I say, now it’s time to do it right.

Think about it for a second. You see a property for $400,000 and you LOVE IT. You see yourself in the house, make mental plans and start to daydream. The problem is THEN you set up time with your mortgage professional and they tell you you’re only able to afford $340,000. You’re crushed and discouraged. It’s not a good feeling and can set you back on your goal.

If you got pre-qualified before you saw that$400,000 proprty you would have known it wasen’t for you and avoided the setback all together. Getting pre-qualified is a painless process and don’t get it confused with getting your acual mortgage. That process is much more involved and comes later in the process. Getting pre-qualified involves getting your credit pulled and going over some basic numbers.

With that being said let me know if you have any questions and I will be happy to point you in the right direction. Have a great weekend!