The Importance of Pre-Qualifying
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Even if you have not so much as researched houses to view yet, it can be advantageous to see your mortgage professional early. What for? If you do not yet know how much house you need to qualify for, what could we help you with?
We Can Help You Pre-Qualify
When we pre-qualify you, we help you find out the amount in monthly mortgage payments you can afford, and the loan amount you will qualify for. During the process, we look at your capacity to borrow - reviewing your employment, money available for down payment, debts, income, and other areas. It's a short, thorough process with minimal risks for papercuts.
We give you a Pre-Qualification Letter after you qualify, which says that we are confident you will qualify for a predetermined amount of mortgage loan dollars.
With your pre-qualification letter, a number of advantages fall at your feet at the point you find the home you want to make an offer on. The first is that you can be sure the amount you'll be able to afford when putting together your offer.
Even more important to the present owner, your pre-qualification gives them confidence - as if you'd entered their house with a bag of cash to make the offer! They won't have to wonder if they have been wasting their time if you do not be able to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he won't be able to 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 lose sleep over. You have the influence of a buyer ready to make the purchase right now!
We help with your pre-qualification
When we pre-qualify you, we help you determine how much of a monthly payment you can afford, and the size of loan you will qualify for. During the process, we determine your capacity to borrow - analyzing your job, money available for down payment, existing debt, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.
One on one
It is vital to sit down and talk with us, even though you are welcome to also use the helpful mortgage calculator tools on this website. We can work toward your pre-qualification letter. For another thing, we might locate a different mortgage option that fits your situation better. Let us help you get started: Contact us at 3032282254.
Have questions about pre-qualifying? Call us at 3032282254. Firelight Mortgage Consultants answers pre-qualifying questions every day.