The basics of the Mortgage Preapproval.

- 🧐 What is pre-approval?
- Connect with a loan officer
- Provide basic info about yourself
- Learn everything you need about buying a home with a mortgage
Steps to Get Pre-Approved:
1. 📍 Share personal details:
- Where you live 🏠
- Where you work 💼
- How much you earn 💵
- Basic credit history info 📊
2. 📑 Lender pulls your credit report
3. 📄 Provide income documents like pay stubs, W-2s, and tax returns
4. 🔍 Lender reviews your info and clarifies any questions
5. 📈 Find out your pre-approval amount and qualifying loan programs
Why Get Pre-Approved Early?
- ⏰ From initial contact to full pre-approval can take just a few days!
- 💡 Plan ahead if buying a home in the next year:
- Budgeting: Know what you can afford 💸
- Planning: Understand cash needed to close 💰
- Saving: Start preparing financially 🏦
Benefits of Pre-Approval:
- 🏦 Clear picture of your budget
- 📊 Financial planning made easy
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