The Importance of Pre-Qualification

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Even if you've not so much as picked out houses to view yet, it can be advantageous to contact your mortgage loan professional early. Why? If you do not know yet how much home you need to qualify for, what could we do for you?

We Will Help You Pre-Qualify

We will help determine how much of a mortgage loan you can afford, and how much money you can borrow, by taking you through the pre-qualification process. The process outlines your current financial situation - your debt, income, job, and cash available for down payment, among other things. It's short and to the point; We keep the paperwork light.

When you are considered eligible, we will prove our confidence in your ability to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Buying Power

After you find the house that is best for you, and you want to put together an offer, being pre-qualified for a mortgage will do a couple of things. First, it lets you know the amount that you're able to offer. Being pre-qualified can also make your offer more attractive to the seller, like you were bringing them a suitcase full of cash! They will not need to be concerned that they have been wasting their time if you won't be able to be able to qualify for a big enough mortgage loan. The seller of the home won't wonder if he can count on 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 lose sleep over. They have a virtual guarantee that they can trust your ability to back up your offer.

We will help you with your pre-qualification

We can help you calculate how much of a mortgage you can afford, and how much money you can borrow, by taking you through pre-qualifying. We will accomplish this by considering your income and debts, your work and housing circumstances, the funds available for down payment, required reserves, and other financial considerations. It's quick and basic; and we take pride in keeping the paperwork light.

One on one

It is vital to sit down and meet with us, even though you are free to also use the helpful mortgage loan calculator tools on this site. We can walk you through your pre-qualification letter. Then, we'll make sure we have the right mortgage loan program for your situation. We are eager to meet with you: contact us at 5613734149.

Have questions about pre-qualifying? Call us at 5613734149. It's our job to answer pre-qualification questions, so we're happy to help!