Get pre-approved for a loan.

Now it's time to give a mortgage broker a call. Please find a list of professionals we've used in the past here. Be prepared with your credit report, current bills,and income information. If you are several months out from making a purchase, it may be a good idea to ask your mortgage broker to use the credit report you just pulled. This prevents them from putting a hit on your credit right away, but still allows them to do your application. Feel free to contact more than one mortgage broker to compare rates, fees & loan programs offered. This should not hurt your credit as long as you do all applications within a 30-60 day timeframe.

Make sure to get a good faith estimate of the costs associated with your loan and a copy of your pre-approval letter. This letter will facilitate better negotiations once you find the right house!