PRE-APPROVAL
Get pre-approved for a mortgage. When you select a lender, have your credit report pulled along with all the other documentation needed to get a mortgage commitment. Don't just get a letter from your lender stating you are "pre-approved." You can still get turned down after a home is found and appraised and your actual incomes calculated. A good Lender should help you assemble the needed documents; once a home is found, the only thing you should have left to do is get an appraisal.
When buying a home, the seller will want to see this document and when selling a home you want to make sure that you are able to review who they are using for their mortgage. This provides both sides of a transaction some sense of security that the person putting the offer together is qualified to purchase the home and has done their homework for their finances, but it does not guarantee this.
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