To avoid this, meet with a lender before you start looking to get your financial questions answered and get the pre-approval documentation all lined up.
One of the many mistakes that home buyers make is failing to get approved for a home loan before shopping around. This can make it easy to fall in love with a property that you may not be able to afford. Most sellers are leery of accepting an offer if a buyer isn’t pre-approved. They also may not want to wait for the buyer to get approved for the loan and can end up accepting someone else's offer in the process. To avoid this, meet with a lender before you start looking to get your financial questions answered and get the pre-approval documentation all lined up.