How to Get a Mortgage Pre-Approval

A mortgage pre-approval is not a firm requirement for homebuyers but it is advised by most real estate professionals. It can help you understand just how much you can afford in terms of home prices. This pre-approval will also help you create a serious buyer image in the eyes of the home seller. Not only that, you have more assurance of receiving the financing that is needed to purchase the property. Imagine going through all the trouble only to find out that your loan was disapproved? That would be very disappointing.

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