Getting qualified before your home search is beneficial for several reasons. First, this will inform you of your maximum affordable home value, and save you from previewing properties outside your price range. Also, when you approach a realtor about working together to find a home, you will be recognized as a more serious buyer who has done their financing homework. This will save both you and your realtor time and effort in your home search. Having been qualified in advance by your lender will also allow you to make the strongest offer possible on the property your choose. Additionally, being qualified means you are well on your way in the loan approval process and will save you time in the long run.