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Updated almost 10 years ago, 02/11/2015

User Stats

108
Posts
15
Votes
Jeff L.
  • Investor
  • Pope Valley, CA
15
Votes |
108
Posts

Do I apply for loans before or after finding the property I want?

Jeff L.
  • Investor
  • Pope Valley, CA
Posted

Do I visit the bank to get funding before or after finding the property I want to buy?

I'm starting out and have no idea when I'll find the property I'm going to put an offer on. Should I go to the bank now and start the process now?

It seems strange to go mortgage shopping before I know when I'll be making the purchase. Is there a length of time before the "preapproval" expires?

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