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Why is it important to be Pre-Qualified?
Before even starting to look for a new home, an important initial step is to get Pre-qualified with a trusted lender
This will help enormously in different ways:
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To assure that you are looking for the right price range of your new home
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To be assured that you will get the loan
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To present the Pre-qualified letter altogether with you offer to the seller – this will make your proposal stronger and more susceptible to be accepted
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To give you more leverage in negotiating your offer with the seller
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To assure everybody in the negotiation that you are able and ready to buy
If you do not know lenders, I can recommend different trusted lenders, from big banks, medium banks to private lenders.
One of them will for sure be the best choice for you