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1. Are You Ready? 2. Get Preapproved 3. Find a Home 4. Home Inspection
5. Apply for a Loan 6. Loan Processing 7. Loan Closing Welcome Home!

2.   Get Preapproved

Getting preapproved lets you know how much house you can afford and can give you a competitive advantage when negotiating with sellers or real estate professionals.

Lender Preapproval:

Contact your local WHEDA lender, who will ask you questions about your financial situation and credit history. They will be able to evaluate your information and determine an affordable loan amount.

Next Step

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