ficowarrior wrote:My DH and I are ready to purchase our first home this summer. We will be ready to start looking in June - July and plan to put 3% down. We won't actually have the 3% until August. My question is this - can we get a "pre-approval" without the money actually in the bank? Can they just tell us we need it by closing? Or do we need to prove we have the cash upfront?