Bottom line, having your finances in order before you go house shopping gives you leverage! Seriously, don't even go look at any homes, not even one. Why? Because chances are you will find your perfect home, and guess what? You aren't preapproved and the seller has the upper hand in the negotiations should you decide to make an offer. Especially in a seller's market...and that's a whole other scenerio! A seller's market will bring multiple offers on that perfect home, and your offer will most likely not even be considered. You walk away disheartened, and back to square one.
It only takes a few minutes to know where you stand financially. And this knowledge, along with the type of loan you will be obtaining, really helps your agent find you the perfect home!
Call me. I will guide you through it all!