It’s certainly a good idea. You can apply for either pre-qualification or a pre-approval. A pre-qualification is an informal opinion from a lender. A pre-approval is a more formal written approval for you stating that you qualify for up to a specific mortgage and interest rate. A pre-approval requires more data from you but offers the following benefits:
- Sellers will look at you as a stronger buyer. If the seller has more than one offer, this could help yours be more attractive.
- You have a definite picture of what you can reasonably afford. You won’t waste your time inspecting homes you can’t buy.
I can help you find a reputable lender who will provide you with a pre-qualification or pre-approval