Securing a home loan begins with prequalification, an essential step that gives you an idea of how much you can potentially borrow. This process not only streamlines your home-buying experience, but also positions you as a serious buyer. If you're planning to apply, there are practical steps to improve your chances of prequalifying for a home loan. Here are some key strategies to consider. Strengthen Your Credit Score Your credit score is one of the most critical factors in the prequalification process.
16 January 2025