This is a YouTube video titled "🚨 When to get Pre-Approved 🚨" containing a monologue or presentation from September 27, 2021, discussing the importance and timing of mortgage pre-approval in a fast-moving housing market. The speaker advises potential homebuyers on the benefits of getting pre-approved early to improve their chances of successfully purchasing a home.
The day you start thinking you might want to purchase a new home, that's most likely the time you want to start getting your pre approval together. It never fails. We see some people that get it together proactively like that. They then can start viewing houses that come on the market when the right one pops up. Those are the people that are making offers and getting them accepted. The people that are waiting for the right house to pop up, to turn back around and get pre approved. They're scrambling to fill out that application, collect docs, and usually they get left in the dust. So today's market's moving fast. Never been more important than now. And also important to remember that is an ongoing pre approval. So yes, you can start looking for houses today, but you could also use that pre approval months down the road as well.