Absolutely! Many Real estate agents require that you talk to a mortgage professional before you begin house hunting. They will want to know that you have been “pre-qualified” as well as the price range of houses you can afford.
There are a few reasons for this.
First, neither you nor the Real estate agent wants to spend a lot of time looking at homes that you may not be qualified to purchase. It can be discouraging to find a dream home only to realize that it is financially beyond your means. Talking with a mortgage professional before house hunting helps to set realistic expectations for homebuyers.
Second, the home seller will want to know that you are a ready and able buyer. Home sellers feel more confident working with homebuyers who are pre-qualified. By informing home sellers that you have been pre-qualified, they know you are serious, and the likelihood of getting their home sold quickly is good.
The pre-qualification process is easy and quick. Mortgage professionals will need the following information:
- Income.
- Tax Documents.
- Existing monthly obligations.
- Credit score.
Based on this information, mortgage professionals can determine a monthly payment amount and loan amount that is comfortable for you and within the guidelines for approval by a lender.
Related: Pre-Qualify for a Mortgage: First Step in Buying a Home
Take Away
Talking with a mortgage professional before house hunting helps homebuyers better understand their price range and mortgage options while making themselves more attractive to sellers and Real estate agents. Mortgage professionals will help homebuyers ensure they are prepared for buying a home.
Marimark Mortgage
Marimark Mortgage is based in Tampa, Florida, and serves the mortgage needs of homebuyers, homeowners, and investors in Florida, Virginia, and Pennsylvania.
We specialize in mortgages for first-time homebuyers, conventional home mortgages, refinance loans, reverse mortgages, and FHA, VA, and USDA mortgage options. In addition, we’ve worked extensively with cash-out refinancing and help clients lower their monthly mortgage payments.
To get started with a mortgage to buy your next home, please fill out our Quick Mortgage Application or contact us.
Updated on August 11, 2021

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.