Mortgage pre-approval involves finding a lender, such as a bank or credit union.
The first thing you should do when you want to buy a house is get pre-approved for a mortgage loan. Mortgage pre-approval involves finding a lender, such as a bank or credit union. You’ll provide them with your financial information, including your income, credit history, and debt. The lender will evaluate your credit worthiness and determine how much they are willing to lend you to buy a home.