Why A Pre Approval Is So Important

@meganstephens
Pre-Approval is essential before you go out and look for a home. You might be surprised by what it is you can afford and why look at a home that is not in your current budget? If you find a home you love you will need to submit a pre-approval letter from a lender to go along with your offer to buy. Things still sell fast these days so you will want to have this in hand when you shop for a home. Why risk missing out on the perfect home just because you are not prepared to write your offer?
You can get your preapproval from a qualified lender. This is not a commitment to work with this lender because you can still shop around your loan once you get into escrow. This is a starting process that lets you know your budget and can focus on the shopping process. All you need in hand to shop for a home is your pre-approval letter and a qualified Realtor® like Megan Stephens Real Estate to get the ball rolling on your brand-new home.