I talk a lot about the importance of getting pre-approved for a mortgage, but do you truly understand how it will benefit you? 1) You will know your borrowing capacity – If you know how much you’re pre-approved for, you can plan your mortgage payments and determine exactly what your budget can afford each month.…

It sure does! Your credit score is a fast pass to great mortgage rates and excellent terms. It’s essentially proof that you can be trusted to make payments if you’re given a loan of any kind. A high credit score means you’ll get access to the best mortgage rates on the market and have more…