Should I talk to a mortgage professional before house hunting? ABSOLUTELY!
So many clients ask me if they should get pre-qualified before house hunting. Here’s why the answer is ABSOLUTELY!
Times have changed. Even if you have great credit, great income, great assets, and have never missed a house payment in your life – unfortunately, you cannot put an offer on a property based on your word. In fact, there isn’t an agent out there who will accept an offer on a property unless it is accompanied with a pre-qualification form signed by a Loan Originator. Furthermore, most experienced agents will not even take you to go see a home unless they’ve received a pre-qualification from you.