Qualifying for a mortgage and finding out what you qualify for is one of the most important things to do before you get serious about purchasing a home or business.
Getting pre-approved is easy, has no obligation, and is usually free of charge. You will need to contact a mortgage broker or lender, provide them with basic financial and employment information, and complete a loan application. The lender will then verify your information and provide you with a pre-approval letter stating the amount for which you qualify for. All serious buyers should be pre-approved for a mortgage first before making an offer on a home.