Laura Roche_ Realtor

Did you know there are things that can affect your chances of being pre-approved?

First off, make sure you have a decent income and employment history. If you plan on applying for a loan through a bank or mortgage company, they’ll want to see proof that your income has been stable for at least two years before they’ll consider giving you any money.

And of course, any debts you owe will also affect whether or not they’ll consider lending to you—so if there’s anything on your credit report that looks bad, try to get it resolved before applying!

The worst thing that can happen to you?

You’ll miss out on an opportunity.

When you’re pre-approved for a loan, you’re one step closer to buying your dream home. But if you don’t put in an offer before getting pre-approved, you might miss out on the chance to own your dream home.