Pre-Qualify For Your Mortgage
Are you thinking of buying a house in the near future? We recommend pre-qualifying for your mortgage before you start looking!
What does it mean to pre-qualify for a mortgage?
To pre-qualify means that you work with a lender to find out what kind of mortgage you are eligible for and how much of a down payment you will need in order to get that mortgage. With pre-qualification you can also find out the approximate amount of your monthly mortgage payment. Knowing what you can afford ahead of time will help you make the best decisions when you are searching for a home.