Equip Yourself with a Pre-Approved Mortgage.
If you're not buying with cash, getting a loan pre-approved is the smart way to shop for a condo. It tells sellers that you're a serious prospect, and you know in advance the maximum mortgage you can afford. Buyers have made the mistake of learning what they qualify for, but not getting pre-approval in writing. You've gone this far, so take the next step-get it in writing. The good news is that it's easier than ever to qualify for a home loan.