-Most homebuyers will need financing for the purchase of their new home.-

-Many loan products are available today that were not available in the past.-

Obtaining a Prequalification Letter from a lender will help you in several ways:

	You can house-hunt with confidence; sure you are looking at homes that you qualify for.
	Reviewing your credit report with your lender as part of your Prequalification process can identify any erroneous information (incorrect information is not uncommon) that may appear on your report early in the process.
	The real estate agent you are working with can better serve you,  sure that he/she is showing you homes in the right price range.
	You will have a strong negotiating advantage when you have decided on a house you want. In considering the terms of your offer, the Seller will not have to wonder whether or not you will qualify for financing.
	If there are competing offers for the same property at the same time, a Prequalification Letter might mean that your proposal is accepted over an equal (or even a better offer) from a competing Buyer whose ability to obtain financing is unconfirmed.