Loan Process > Step Two: Get Qualified

 

 

Before applying for a loan, you may want to get qualified first to understand how much you can borrow. You can get pre-qualified over the phone or on Internet in just a few minutes. A pre-qualification is not as beneficial as a pre-approval where you have to go through a more rigorous process which includes verification of your credit, income, assets and liabilities. It is highly recommended that you get pre-approved before start looking for a house.

 

Step 3: Shop Loan Programs & Rates