Additional Links: Educate Yourself | Get Pre-Qualified | Get Pre-Approved | Get Approved

3. Get Pre-Approved A Pre-Approval is necessary when you are at the point where you are ready to begin looking at homes with the intent of "making an offer" upon finding the right home. "Making an offer" means that you will most likely write up a contract to purchase a home, and give earnest money as a deposit on the home.