A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

<article class="post-457531 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-457531"><span class="entry-date">September 16, 2022</span><div class="entry-header center-block text-center"><h1 class="entry-title">A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=A+Crucial+First+Step%3A+Mortgage+Pre-Approval+%5BINFOGRAPHIC%5D&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fa-crucial-first-step-mortgage-pre-approval-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<h3><strong>Some Highlights</strong></h3>
<ul>
<li>Mortgage <a href="https://www.ftc.gov/sites/default/files/documents/one-stops/real-estate-competition/realestateglossary.pdf">pre-approval</a> means a lender has reviewed your finances and, based on <a href="https://www.investopedia.com/financial-edge/0411/5-things-you-need-to-be-pre-approved-for-a-mortgage.aspx">factors</a> like your income, debt, and credit history, determined how much you’re <a href="https://www.bankrate.com/mortgages/pre-approval/">qualified to borrow</a>.</li>
<li>Being <a href="https://www.simplifyingthemarket.com/2022/07/19/why-pre-approval-is-a-game-changer-for-homebuyers/?a=712984-fa409495d5d70154d03a25e81e9540e2">pre-approved</a> for a loan can give you clarity while planning your <a href="https://www.simplifyingthemarket.com/2022/04/05/what-you-need-to-budget-for-when-buying-a-home/?a=712984-fa409495d5d70154d03a25e81e9540e2">homebuying budget</a>, confidence in your ability to secure a loan, and helps sellers know your offer is serious.</li>
<li>Connect with a trusted professional to learn more and start your homebuying process today.</li>
</ul>
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