When Should I Start My Home Loan Pre-approval Process?

When should I start my home loan pre-approval process? 

That’s the question I’ve been asked the most in the last couple of weeks.

Today I want to share with you my opinion.

If you have excellent credit, stable income, a small amount of debt and sufficient funds to cover your down payment and closing costs, then I would say getting pre-approved three months before you start looking at homes is more than enough time. 

I always encourage people to get pre-approved before looking or shopping for a home. 

Even if you have a perfect life scenario, you should always get pre-approved first.

Please keep in mind, only you know your timeline as far as when you need to be in your new home.

Be sure to give yourself two months to find a home and one month to have your loan processed. 

If you have challenges with your credit, you have new employment and or a little bit of money saved up. 



I encourage you to speak with a mortgage advisor 9-12 months before you actually buy your new home. This gives you the necessary amount of time to save up for down payment and closing costs. It also gives you the time to improve your credit. 

A mortgage advisor can help you a great deal. He or she can help you create a budget. They can help you improve your credit. They can share with you how much money you need for the down payment and closing costs. 

They can share with you all of the challenges you have to overcome to get full loan approval and even close on your new home purchase. A mortgage advisor can share other information you’ll find beneficial. 

Remember buying a home is a substantial purchase and something you might only do a couple of times in your lifetime. 

Having enough time can only help you so that when you go through your loan process your experience is wonderful. 

If you have any specific questions regarding the home loan pre-approval process, let me know.

My name is Edgar DeJesus. I’m the mortgage advisor and branch manager of Treasure Coast Home Loans. 

Today’s market requires you to have a skilled negotiator and consultant, like me, helping you and the people you care about right now.

Call or text, (772) 444-6362, with any questions that will let me separate opinion from opportunity. 

Thank you for taking the time to read my latest real estate and mortgage report.

Start your pre-approval