One of the first things that you want to do when you’re shopping for a new home is to talk to your lender. It won’t cost you anything and they’re going to help you understand your purchasing power, what your monthly payments might be, and the paperwork that’s going to be involved in the application, then they’re probably going to have you submit that loan application so that they can get you an actual pre approval letter so that you can be best positioned when you want to make an offer on a house. And that is one of the first things that you want to do.
