Why Pre-Qualification is Important


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It is valuable to consult your mortgage professional early — even before you've begun researching neighborhoods. What for? Maybe it is hard to understand the way we could help even before you begin to negotiate.

We Can Help You Pre-Qualify

We will help you calculate how much of a mortgage you can afford, and the amount of money you may be able to borrow, by taking you through pre-qualifying. In this process, we determine your ability to borrow - looking at your earning status, money available for down payment, debts, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.

Once you are considered eligible, we document our confidence in your potential to qualify for a loan by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Buying Clout

After you locate the house that is ideal for you, and you decide to make an offer, being pre-qualified for a mortgage loan will do a couple of things. First, it helps you know the amount that you're able to offer. Even more important to the seller, your pre-qualification status gives them confidence - as if you'd arrived at their home with a suitcase of cash to make the offer! They need not worry that that they have been wasting their time if you can't have the ability to qualify for a big enough mortgage. The seller of the home won't wonder if he can count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to worry about. You have the capability to back up your offer.

We can help you pre-qualify

When we pre-qualify you, we help you find out the amount you can afford in monthly payments you can fit in your budget, and the loan amount you will qualify for. The process outlines your current financial situation - your debt, income, career, down payment money, among other things. We as for a minimum amount of paperwork, with a short, basic process.

Face to Face

While you are able to benefit from our tools to calculate mortgage variables on this site, it is a good idea to meet with us. That way, we can help you get your pre-qualification letter. Then, we will make sure we have selected the ideal mortgage loan program for you. We are eager to meet with you: contact us at 5613734149.