17 First-Time Homebuyer Mistakes to Consider and How to Avoid Them
Redfin
JUNE 27, 2025
Mortgage pre-approval serves several purposes: Determines how much you can afford to borrow Signals to agents and sellers that you’re more reliable Expedites the mortgage application process Locks in an interest rate for that specific period Here’s what to do instead: Take the time to get pre-approved by a lender before starting your home search.
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