Why You Need a Pre-Approval Before You Start House Hunting

Can’t I just start looking at homes and worry about the mortgage later?

Not if you want to win in this market. In 2026, having a mortgage pre-approval isn’t just helpful — it’s a must.

What Is Pre-Approval?

A pre-approval is a letter from a lender that shows you’re conditionally approved for a home loan. It tells sellers (and your real estate agent) that:

• You’re a serious buyer

• You know your budget

• You’re ready to move fast

Think of it as your “admission ticket” to the home search process.

Why It Matters More in 2026

Even though the St. Louis market is more balanced this year, homes that are priced right still move quickly. Without a pre-approval in hand:

• You could miss out on a great property while you’re scrambling for paperwork

• Sellers may not even consider your offer

• You could waste time looking at homes outside your budget

Buyers with pre-approvals get faster showings, more respect from sellers, and better negotiating power.

What a Pre-Approval Includes

When you apply, lenders will review your:

• Credit score and credit history

• Income and employment

• Debt and financial obligations

They’ll tell you how much you can borrow — and give you a letter you can use when you’re ready to make an offer.

It’s Not a Full Loan Approval — But It’s Close

While final approval happens after you go under contract, a pre-approval shows sellers you’ve already done the legwork. In a competitive situation, it can be the edge that wins you the house.

Final Takeaway

Pre-approval isn't just about the loan — it’s about positioning yourself to act with confidence. It saves you time, gives you clarity, and helps you stand out.

Want Help Getting Pre-Approved?

I work with buyers every day and can connect you with trusted local lenders who’ll make the process simple. Follow me on social or visit my website to get started.

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Krista Hartmann
Team Leader, Krista Hartmann Home Team at RE/MAX Results
#1 REMAX Team in the St. Louis Region