Check your credit score and review your credit report
Save for a down payment and closing costs
Gather proof of income, assets, and employment
Pay down existing debt if possible
Compare lenders and mortgage programs
Choose a lender and complete the pre-approval application
Submit required documents to the lender
Authorize the lender to review your credit
Wait for the lender’s pre-approval decision
Review the pre-approval letter and loan terms
Keep your finances stable after pre-approval