What is a pre-approval and do I need to have one before I contact you?

That is a good question. A pre-approval is a process where a lender evaluates your income, debts, assets, and credit score to determine how much mortgage you can qualify for and at what interest rate. A pre-approval can help you establish your home buying budget, lock in a favourable rate, and show sellers that you are a serious and ready buyer. While a pre-approval is not mandatory before you contact me, it is highly recommended. Having a pre-approval will make your home search easier and faster, as you will know exactly what you can afford and what kind of properties to look for. It will also give you an edge over other buyers who may not have a pre-approval, especially in a competitive market where multiple offers are common. A pre-approval will also save you time and hassle when you are ready to make an offer, as you will already have most of the paperwork and documentation done. If you do not have a pre-approval yet, I can help you get one from a reputable lender. I have access to a network of mortgage professionals who can offer you the best rates and terms for your situation. All you need to do is provide some basic information and documents, such as your income, debts, assets, and credit report. The pre-approval process can take as little as an hour, depending on the lender and your circumstances. So, to answer your question, no, you do not need to have a pre-approval before you contact me, but it is a smart and beneficial move to get one as soon as possible. If you are interested in getting a pre-approval, please let me know and I will be happy to assist you. blush