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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