Appointment for pre-approval for a mortgage, and should you tell your agent how much you’re preapproved for?
My fiancee and I need to get pre-approved for a mortgage so we can start looking inside of homes. Our agent will not show us any properties until we are pre-approved. Do you usually have to make an appt for the pre-approval? How far ahead of time do you have to call? Do you just choose anyone for the pre-approval and then shop around when you actually need to process the loan? We would ideally like to get this completed ASAP. Also, once you’re pre-approved, should you tell your agent how much you’re pre-approved for? We are definitely not planning on purchasing a home for how much they would give us a loan for. Just a modest starter home so we are not completely strapped for cash.