This means you’re approved for a specific loan amount and loan program when it comes to buying a home. You can now start the home shopping process with confidence, knowing that you qualify to get help buying what could be your very first home.
THIS IS ALL GOOD!
But there are some key do’s and don’ts tied to being preapproved that you’ll want to brush up on. By doing (or not doing) a few of the things we’ve outlined in the video above, you’ll remain in good standing when the search has ended and the time comes to make that dream home your own.