Home ownership is the American dream. Everyone wants to own their own home not only to have a place to truly call home, but to quit throwing away money renting. There are first time buyers, second time, third time and those that are veteran home buyers and sellers. No matter which category you fall into; the most important step in today's real estate market is the pre-approval step. Not only is it the most important, but it should be the first step. In today's real estate market sellers are very savvy to the need for pre-approval. Since it is more time consuming to obtain final loan approval sellers want to be sure that if they accept an offer, and are taking their home off the market for 30-60 days from a potential buyer, that the buyer is well qualified. From the buyers perspective getting pre-approved will allow you enjoy a stress free home shopping experience. If you are not pre-approved and you find the home of your dreams, there is a certain level of stress involved while you are waiting for the answer from the lender on whether or not you are approved and a level of disappointment if you get denied. A pre-approval can uncover potential problems that could cause a denial. Sometimes these issues can be resolved before you go home shopping. To reduce the stress get pre-approved first. Knowing that your job, credit and income meet the lenders requirements, and the homes you are looking fit within the lenders required budget will give you more piece of mind as you’re looking at homes. And for those of you who think that there is no way that you wouldn't get approved, think again. There is not a lender or bank on this planet that is just handing out money anymore. The rules have changed make sure you fit the program do not assume you do. It could be very defeating if you find out later something you could have found out in the beginning.  Contact us today and ask for our preferred lender Brian Newhouse for any additional financing questions that you might have. We look forward to speaking with you!