Get PreApproved for a Home Loan - 2024 Tips & Tricks

Getting PreApproved for a Home Loan is the FIRST step you should take in your home buying process. But what do you need to get preapproved for a loan in the first place? I'm giving you my BEST tips & tricks so you can buy your first home and get preapproved for a loan in 2024!

#firsttimehomebuyer #mortgage #realestate
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Boring legal stuff:
Licensed by the California Department of Business Oversight NMLS 1410686, a Licensed Representative of American Mortgage Network NMLS 1833427 Equal Opportunity Lender. All thoughts and opinions are my own, not of my company. Any rates, terms, programs, etc. mentioned in these videos are hypothetical and are not an advertisement or promise to lend. Your actual mortgage terms might vary based on qualifications. Always consult a licensed mortgage professional in your area.

[CatonDelRosario]

Getting Pre-Approved is a HUGE but important step in the home buying process! Ask me any questions you have about the process! 👇

[BigMuskie]

As someone who is and has been an underwriter in the business for 10 years, this guy knows his stuff and how present it clearly.

[canadianhaitian]

What if I’m trying to get pre approved a second home new construction. Other property will be a rental

[KINTOSOL]

MY CREDIT SCORE IS TRANSUNION 721 EQUIFAX 730 EXPERIAN 683 WHY DID LOAN OFFICER GIVE ME FHA PRE APPROVAL IF I QUALIFY FOR CONVENTIONAL I THINK CONVENTIONAL WE GET MORE OPTIONS TO BUY A HOUSE SOME HOUSES IN THE INFO WILL SAY NOT FHA APPROVED OR AM I WRONG UNDERSTANDING BETWEEN FHA & CONVENTIONAL

[GeronimoLogistics]

What If you go from one career to a different career but still salary increase?

[alirageef]

Why you don’t just keep it straight without all these bad music and destructions

[mikeGp]

Me and my wife just got pre-approved today

[RayRx]

What if I have a substantial student loan on an IBR plan? How does that factor in with everything? Thanks.

[totaletoto]

Is it possible to use an FHA loan and a physician loan to purchase a home if the price of the home is outside the FHA loan maximum ?

[maryanntonettethomas]

Thank you for the information. We are working with a mortgage counselor and wish he explains things as clearly as you do. If I have more questions I will definitely going to ask you to explain.

[lleon-cvex]

If I am an independent contractor and I have a sizeable down payment but I have a ton of claimed deductions, am I still too risky to consider lending to or it depends on the amount of the property in question? I think this is why I gave up once I was denied back in 2021 when I could have gotten in at the 2% window. Totally different situation, though. I didn't have the down payment in place. My credit is 728. I need to clear down some debt. I don't know how to seem like someone to take a chance on.

[zyctyrn]

Is the 30-35% from before or after tax amount?

[roseannemarcella]

Hi i have a concern, Im here in 🇺🇸 since 2023 migrated from 🇮🇪 (worked 7yrs as RN) and working as an RN so I don't have a 2yrs w2 would there be a chance to get assessed for pre approval?

[JeffMacey]

Thank you for sharing and explaining why knowing your number. Getting the ball started earlier will help all home buyers. Always explaining and telling my client's before they try to jump into the car to see places. 😊 Let's take it step by step.

[maangelicamarcelino]

Hi Caton, if I am taking out a loan from my 401k for my downpayment; Does it have to show on my bank account that it’s taken out already or I can just tell the lender that’s my plan without taking it out yet?

[RevaHayes-sm]

Gonzalez Daniel Martin Michelle Anderson George

[fabvibe]

How about if the lender saying that the credit score is too low 615 for fha loan...

[sapankhadka]

Thank you so much for this amazing video👏👏👏 do we have to have income from past two years. What if we started a new job without past experience and want to buy a house?

[markymarkR]

Does it matter if you suddenly make a big deposit now to your account with regard to getting pre-approved?

[marciarussell]

Why is it that I can pay someone 2000 dollars for years to help them pay their mortgage, but to get something for yourself they going to tell you that you aren't capable of paying a mortgage on your your own. They put you through the ringer, and to pay for someone else you didn't even have to come up with 3%😢getting mortgage they need your blood type your first born how you menstrate, what side of the bed you sleep🙄