The first step in the home buying process is to solidify your financing. If you have enough funds in your bank account, or under your mattress, then you’re done with Step 1! Chances are you don’t fall into that category, as over 75% of residential sales include a mortgage loan. This means you need obtain a mortgage loan to purchase a home, so your first step is to get pre-approved. This is a FREE and NO OBLIGATION step in the home buying process. You can get pre-approved by one lender, and then later decide to get a mortgage loan from a different lender. So don’t be too worried about that. You want to get pre-approved so you can shop for a house with confidence, and so the Seller can be confident in you. Check out the above video for more details.