Getting preapproved for a mortgage or home loan should be the very first step before looking at properties. I can't tell you how frustrating it is when homebuyers look at properties before knowing how much they can afford. Chances are, they'll find a property that they fall in love with only to discover they can't afford it. It's better to sit down with the lender ahead of time to discover how much in a mortgage payment your income can support and then convert that into a price range for the property.
Start below with the mortgage preapproval process with one of our qualified lenders. You're welcome to choose whomever you want; your bank, credit unions, or mortgage officers. Typically banks and credit unions have one interest rate and program while mortgage officers have access to hundreds of different programs and loan options. These options may be more expensive to begin with but can save you tens of thousands of dollars over the life of the loan.