When you should start the mortgage process?

It is wise to ensure that you have your financing in order prior to your home search. It allows you to know exactly what mortgage amount you qualify for based on your own specific situation and provides you with specifics with respect to the affordability of your monthly payments. There is nothing worse than finding your dream home and then realizing that you do not qualify for it or that the payments do not fit into your budget. Having your financing in order also allows you to move ahead quickly in the event that you find your dream home and want to proceed with placing an offer.