A pre-approved buyer who is reasonable, ready and wants to work with me is a good thing.  A very good thing.  If they do not have a qualified and reputable lender, I can recommend one.  

I will ask them to get pre-approved from a lender that I know.

We give them several lenders to choose from and let the lenders deal with complianc

I want them to use a lender that I know

I would not provide them with the CFPB toolkit as it is designed for a different country.

I usually require something from the lender they will be using or are familiar with.....f

I send them to a preferred lender.

We will have an initial discussion about their needss, etc. and if they are not yet pre-approved I request they do so and provide several options. If they are not willing, we will not be working together

all of the buyer's of the peeps for whom I market are pre-approved by the lender before they put any effort into providing a service for them...

I refer them to a lender for pre-approval. 

Fred, the AZ contract has a section which refers to the Pre-Qualification Letter. It must be signed by the Buyer and Lender. The contract is much stronger if the letter is attached with both signatures. So, I encourage the Buyer to have a conversation with a lender and produce the PreQual letter asap.

I will do a quick pre-qual and then meet one time.  After that they need to show me they have been pre-qualed at the bank.

First meet is a compatibility check. Green light means advising buyer that when they see the house they want, 100 others are going to want it too so we will need to be FAST. I don't want you to endure a broken heart when 'the one' is purchased by another. Email me your preapproval tonight.

I always insist that they are approved, or we don't waste their time or mine looking at homes.

I have them pre-approved at a lender I know and explain the process before we begin!

Fred Griffin I would recommend a reputable lender.

If they have not been pre-approved by a reputable lender when they first come to me,  I send them to one of my own. That's about it.

Yes, I do both and request that they contact a preferred lender who I know will get the job done for them...and in a timely fashion, meeting all contractual deadlines! 

Yes, and I have a Chicago Title financial estimate program that comes with the CFPB timeline.

I have them with the lender before in my car

I give them to a trusted lender.  I don't trust anything else for MY buyers.  If they chose to use their own lender, I have a chat with the lender.

If they are "lenderless" we refer them...

I ask them if they have been preapproved.If they need recommendations I give them 3 names.

I always make sure they have this immediately before we start looking - it's almost a requirement here now

SOme times I do the initial vetting and others i send them right to a couple of my favorite local and trusted lenders to pre qual them for me, and get the ball rolling

Fred Griffin - good idea, never done that. Thanks for sharing.

You may want to do both.

I will show property, within reason, to someone that is pre qualified. Then I talk with the buyers and have them talk to a lender. 

I tend to delegate the task of pre-approving clients to a local lender. 

If the preapproval is coming from a lender I trust then I do not worry. If it is an unknown lender or one with a bad reputation I will make follow up calls and even try to get the buyer to switch.

I refer them to our preferred lenders and let them run that show.

A letter from a lender is best, or from a financial institution attesting to availability of funds if cash.

I alway refer prospects to a mortgage loan office if they plan to use financing.

If the buyer does not have what appears to be a solid pre-approval, then I definitely recommend (and require) pre-approval from a mortgage lender in my network of trusted reps.