What is a preapproval and why is it important?
A preapproval is important to the home buying process because it states the price range you qualify for which helps you begin the process of finding the right home at the right price. So how do you obtain a preapproval? Whichever lender you decide to use, will provide you with a preapproval which means you have provided minimal documentation and the lender has also checked your credit. Which leads to my next my point [...]