What Is Pre-Qualifying to Get a Mortgage?
People usually pre-qualify to get a mortgage well until they apply for one, and also before they've found a home to buy. Pre-qualifying means the lender reviews your financing and quotes how big a loan you would qualify for, but it doesn't guarantee you'll get. Nevertheless, knowing how expensive a home you can manage will save yourself time when you go house-hunting. Starting Point To be able to pre-qualify you, many lenders will want to see certain financial information, the…