When to Speak to Your Mortgage Professional About Pre-Qualifying
|
|
|
Looking for mortgage advice? We can assist you! Call us at 5613734149. Ready to begin? Apply Here.
|
|
|
|
|
Even if you haven't so much as picked out homes to view yet, it is advantageous to see your mortgage loan professional early. What for? When you don't yet know how much house you need to qualify for, what can we help you with?
We Will Help You Pre-Qualify
Our mortgage professionals can help you determine the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. We achieve this by reviewing your income and debts, your work and residence situations, your funds available for down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.
After you qualify, we present to you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), that states that we are working with you to find the best loan to meet your needs and that we're confident you will qualify for a mortgage loan for up to a specific amount.
Pre-Qual Power
With your pre-qualification letter, a number of advantages are yours when you locate the home you want to put together an offer for. First, it lets you know the amount that you are able to offer.
Being pre-qualified can also make your offer more attractive to the seller, like you were bringing them a big box of cash! They will not need to be concerned that they're wasting their time if you can't have the ability to qualify for a high enough mortgage loan. The seller won't worry if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed loan amount won't be something for them to be concerned about. You have the clout of a buyer ready to make the deal right now!
We can help you pre-qualify
We can help you see how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. In this process, we explore your borrowing potential - looking at your employment, money available for down payment, debt, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.
One on one
While you are encouraged to use our tools to calculate mortgage variables on this site, it is essential to sit down and talk with us. For one thing, you will want a Pre-Qualification Letter! Next, we can review your mortgage program choices to be sure you are in the right one. Contact us at 5613734149 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at 5613734149. It's our job to answer pre-qualification questions, so we're happy to help!