My lender: Kaden Roller, LeaderOne · (913) 777-8361. You are always free to use any lender you choose.
How do I get pre-approved for a mortgage? (6 steps)
- Pick a lender and ask about loan types: FHA, conventional, VA, USDA, and Missouri MHDC programs.
- Fill out the application online or by phone.
- Upload your documents (list below).
- Credit check. The lender reviews your credit report and score.
- Review your options. Ask for estimated payments and cash to close on two or three loan types side by side.
- Get your letter and send me a copy so offers go out with it attached.
What documents do I need for a pre-approval?
- Recent pay stubs (usually the last 30 days)
- W-2s for the last two years, or tax returns if you are self-employed or earn commission
- Bank statements for the last two months (all pages)
- Photo ID
- Information on debts: car loans, student loans, credit cards
- If applicable: gift letter for gifted funds, divorce decree, child support records, VA Certificate of Eligibility
Every lender's list is a little different. Ask yours for their exact checklist.
What should I avoid after I'm pre-approved?
- Opening new credit cards or financing furniture or a car
- Changing jobs without talking to your lender first
- Moving large sums of cash without a paper trail
- Missing any payment
Can a pre-approval include down payment assistance?
Yes, if you use a lender that offers it. In Missouri, the MHDC First Place and Next Step programs are offered only through certified lenders (MHDC Homebuyer Programs). Ask about them up front. More in Missouri down payment assistance.
Want to see what a payment looks like first? Try the mortgage calculator. Learn the basics of loan shopping with CFPB Buying a House tools.
Frequently asked questions
What is the difference between pre-qualified and pre-approved?
Pre-qualification is usually a quick estimate based on what you tell a lender. Pre-approval means the lender reviewed documents and pulled credit. Sellers take pre-approval much more seriously.
Does getting pre-approved hurt my credit?
A pre-approval usually includes a credit inquiry. Rate shopping with several mortgage lenders in a short window is generally treated more favorably than many scattered inquiries. Ask your lender how they pull credit.
How long does a pre-approval last?
It depends on the lender, but many letters are treated as current for a limited period, often a few months. Your lender may need updated pay stubs and bank statements before you make an offer.
Do I have to use your lender?
No. You can use any lender you trust. If you want to use Missouri down payment assistance, make sure the lender is MHDC certified.
Keep reading
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