Well everybody knows that it is important to be "pre-approved" before you start looking for a home. But when you get "pre-approved" you can still lose a house because your loan doesn't get approved. I have lost MANY buyers because they thought they were good to go, when in all actuality they weren't. This can be heartbreaking for a buyer, especially after you have put your time, effort, and most importantly your hard earned money into the process, only to get your loan kicked