Why Pre-Qualification Matters

How We Help You Find a Lender

Why Trulia Mortgages?

We work with national and local lenders so we're able to find the right lender for you.
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Frequently Asked Questions

What’s the difference between getting pre-approved and getting pre-qualified?
    Mortgage pre-approval and mortgage pre-qualification are often used interchangeably, but mortgage pre-approval usually requires more paperwork. Mortgage pre-qualification is more informal, but still shows sellers that you’re not just shopping for a home on impulse. In both cases, your lender will assess your financial profile, and give you a letter that states the amount the they’d be willing to loan you. You should bring your pre-approval or pre-qualification letter with you to open houses, and submit it with your offer once you find the home you want to buy.

I just started looking at homes. Is it too early to get pre-approved or pre-qualified for a mortgage?
    Many real estate professionals agree it's never too early to get pre-approved or pre-qualified for a home loan. In fact, it's a good idea to get a mortgage pre-approval or pre-qualification even before you start your home search because it will help you figure out how much you can spend comfortably on your new home.

Am I obligated to work with the lender who pre-approved or pre-qualified me when I’m ready to buy a house?
    Many borrowers complete the mortgage process with the lender who issued a pre-approval letter or pre-qualification letter, but you’re not obligated to. When you’re ready to start your official mortgage application, it pays to shop around and talk to at least two additional lenders to find the best mortgage rates.

What kind of lenders will I find on Trulia?
    We have thousands of participating lenders who can help you with mortgage pre-approval, from national banks you know to local, smaller lenders. The quality of our lenders is important to us. That’s why they have an average of 4.9/5 star ratings from customers they’ve worked with, they hold verified state licenses that are current and in good standing, and they undergo quality assurance reviews to help ensure a high level of service.

Will I get a ton of phone calls from multiple lenders?
    Absolutely not. Unlike other websites, your contact info will not be resold to multiple lenders. You’ll only hear from a single lender who has been verified by Trulia who will reach out to you about your home loan pre-approval or pre-qualification. You will have the option to contact more lenders, but only if you choose.