If you are shopping around for a new home, it is important to get pre-qualified. Getting pre-qualified for a mortgage provides home-buyers with the necessary tools to determine exactly what they can and cannot afford, prior to the house shopping process. There is nothing worse that falling in love with a home you wish to purchase just to find out that you do not qualify to buy that home.
Here are 5 things you need to be pre-approved for a mortgage.
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