So you want to buy a home...but you're thinking: Where do I start?

You start by getting preapproved.  And there is a difference between being preapproved and prequalified.

Prequalified means you've gone over your finances with your lender but the lender hasn't
actually verified your debt, income, or credit. The lender tells you how much they would lend after they verify everything you've said.

When you get preapproved however, the lender looks at your credit and gives you a
preapproval letter,  you can use this to negotiate. Attach a copy of your letter to any offer and
the seller will know, not only that you're serious, that this sale can close without financing
problems and on time.

You can get preapproved from most lenders. Once you're preapproved, on the letter they provide, there will be an amount which the lender is willing to lend.

So not only with this letter does your offer look more appealing, you have more clout with any realtor you might be working with.

Realtors usually work only on commision.  With a preapproval letter they'll feel safer when they invest their time looking for your needs.

Loan officers will work with you and answer all your questions about being preapproved. There's no obligation with any company that preapproves you.
Resources for preapproval:

To be contacted by a lender(s) please fill out the form and we will have someone who can answer all of your questions contact you. Please include your address and phone number.

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