Why You Should Get Pre-Approved For A Morgage Early

1. You'll know your budget: Getting preapproved for a mortgage early in the homebuying process can help you understand how much house you can afford and set realistic expectations for your search.

2. You'll be taken more seriously: Preapproval shows sellers and real estate agents that you're a serious buyer and have the means to make an offer on a home.

3. You can move quickly: When you find a home you love, preapproval allows you to move quickly and make an offer, which can be especially important in a competitive real estate market.

4. You can identify and address issues early: Preapproval can help you identify potential issues with your credit or income early in the homebuying process, giving you time to address them before making an offer.

5. You'll save time and stress: By getting preapproved early, you can avoid wasting time looking at homes that are outside of your budget or that you won't be able to secure a mortgage for, which can save you time and reduce stress in the homebuying process.