Should I get preapproved before touring homes?

Yes. Sellers and listing agents typically require a preapproval letter before scheduling a showing. It tells them you are a serious, qualified buyer, and it protects your time by keeping the search in a realistic price range.

In lake communities like Mahtomedi and White Bear Lake, well-priced homes can move quickly. Buyers who arrive pre-approved are ready to act when the right home comes along.

Prequalification is a preliminary estimate based primarily on information supplied by you. Preapproval is a more complete lender review of your credit, income, assets, debts, and supporting documentation.

A preapproval does not guarantee final loan approval, but it is a much stronger signal to sellers, and it gives you a firmer number to shop with.

I ask buyers to obtain a current preapproval before scheduling private showings. That confirms the search is based on a realistic price range and lets me give each buyer the time and preparation the process deserves.

If you are not sure which lender to call, I can connect you with trusted professionals who know the local market.