Announcement Date: September 30, 2015

The first step is determining how much home you can afford.  A pre-qualification is a quick analysis of how much you make, spend, and owe to determine purchasing power.  A pre-approval takes the process one crucial step further from a prequal and is an in-depth analysis of your documentation confirming your income, assets, credit history and debts from a mortgage standpoint to confirm the initial prequal’s conclusion. You will need a pre-approval.