#2 Get Pre-Approved and Determine Your Budget
Before beginning your search, the first step is to get pre-approved and submit a formal loan application for a mortgage (unless you will be paying the full price of your home in cash). We can connect you to a local, experienced lender who will be part of our success team.
Based on your income and credit history, the lender will determine how much a bank will lend you, discuss interest rates, financing packages and options which will help you determine the price range for your search.
The lender is an integral part of the process assisting with offers and communicating with the seller’s agent throughout the process.