Are you planning on buying a home soon? The #1 and most important step to do is get your pre-qualification or pre-approval (What’s the Difference?). Doing this first ensures your finances can support a home purchase, informs you about how much mortgage payment you can spend comfortably, and lets you know how much you will need for your down payment, closing costs and other expenses that goes with purchasing a home. It also let’s sellers know that you’re a serious buyer with the means to actually buy a home. In a hot seller’s market or in a bidding war it could mean the difference between winning or losing the home!