A pre-approval is a hard inquiry on your credit report and is usually only valid for 60 to 90 days. Getting pre-approved too early wastes a hard pull; getting it too late means losing out on your dream home. This wizard helps you time it perfectly.
Important
Pre-Qualification vs. Pre-Approval
Pre-qualification is a soft estimate based on unverified numbers. Pre-approval requires the lender to verify your W-2s, bank statements, and pull your actual credit. Only a pre-approval carries weight with sellers.
The Wizard
Answer the 8 questions below regarding your timeline, savings, and job history to receive your recommendation: Get Pre-Approved Now, or Wait & Improve.