Are you in the market for a large purchase? Like a new home or a new set of wheels? Don't forget to get your pre-approval first!
Here's why:
- You'll know what you can afford. A pre-approval will tell you exactly how much house or car you can afford, simplifying and quickening your search.
- You won’t be talked into something more than you can afford. When you're unsure how much you can spend on a car, the dealer may try to sell you one that costs more than you can really handle.
- You'll be taken seriously. A car dealer or realtor will take you more seriously when you have that pre-approval in hand.
- Secure the rate and financing terms you desire.