If you're like most people who are buying a home for sale on 30A, you're going to need a mortgage loan - but your first step is preapproval. In order for a lender to preapprove you for a mortgage, you'll need several documents (and more than usual if you're self-employed). Here's what you need to know. What Do You Need for Mortgage Preapproval? Mortgage preapproval is different from prequalification. In preapproval, the lender actually checks your credit and looks at your financial statements to make a decision on letting you borrow money. In prequalification, you don't have to show any … Continue reading...