When should I get pre-qualified? 

Pre-qualifying for a mortgage, before you actually begin house hunting, gives you advantages.

It takes some of the pressure of of the time-frame for the home purchase.  After you find the home you want to buy, and after you sign a purchase agreement, you may have only a few weeks to come up with a mortgage before the closing date.

Pre-qualifying also makes your offer to buy look stronger.  This can be an advantage if other buyers are making offers at the same time.

 



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