By getting a pre-approval before starting your house search in Greater Houston Area, you will be able to determine the following :
- How much you can qualify for.
- How much of a monthly mortgage payment you feel comfortable with.
- Type of Loan you are qualified and estimated down payment (FHA, CONV, VA…)
- Estimated closing costs.
- Estimated funds need it to set up escrow.
- If you qualify for any type of down payment assistance if need it and available.
- Credit status or repair if need it.