If you are looking for a mortgage to prepare so you are ready you should get preapproved, if you want to buy a house then you should talk with a mortgage broker and you should go thru the necessary steps of being preapproved so you know that first of all you qualify and also the benefit of preapproval is that the lending institution that's involved will lock in a rate for you that is good for either 90 or 120 days and that is valuable because if rates go up then you will be protected
So while you shop around you will have rate that is guaranteed for you and you will also have an idea. after meeting somebody mortgage specialist you will know how much mortgage you qualified for and what you really comfortable of spending what your monthly payments are likely to be and what is the best down payment structure for you or financing structure for you how much down payment you will be making what is your closing cost would be so that's the first step talk to a mortgage specialist
Other things you will need to do to verify income because lenders will need you to verify income most likely you will need to provide a letter and a pay stub that will need to be provided that easy will be for you and for your mortgage specialist to do good job and get you mortgage quickly.
