"You're Approved" Perhaps the best things in life are free, but homes cost money. A lot of money. According to a survey released by the National Association of Realtors, 87% of buyers financed their real estate purchase between July 2011 and June 2012.Chances are you will need to navigate the mortgage qualification and approval process when buying a home. Come learn about every aspect of the home buying process: what to expect during the application and approval process, income, credit and asset requirements for approval, and if you're not ready yet, the information needed to prepare your finances to attain your home ownership dream.