You need a Pre-Qualification
The first thing that a seller will want to see is that you have applied for your loan. That makes sense. And it is an easy and necessary process. That is what a pre-approval or a pre-qualification does…it shows the seller that you have begun the process of finding the money to purchase their home.
The lender you choose will tell you how much you can afford to spend on a house. In most circumstances they will tell you more than you actually want to spend. I always want to make sure that a buyer can realistically still have money to enjoy life after the house payment so we may adjust your price based on your budget.
I recommend Candy Buzan in most situations. Use her easy online application. You can apply online at www.candybuzan.com