The Importance of Pre-Qualification

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It is valuable to see a mortgage professional first, even if you haven't decided the sort of home you hope to find. Why? How can we help you before you have negotiated an amount, and don't know yet the amount you want to borrow?

We Can Help You Pre-Qualify

We will help you see how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by taking you through the pre-qualification process. We will accomplish this by reviewing your debts and income, your employment and housing situations, the funds available for a down payment, required reserves, and other considerations. We require a minimum amount of paperwork, and avoid a lengthy process.

After you qualify, we give you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), that says that we are helping you to find the best loan program to fit your needs and that we are confident you will qualify for a mortgage for a certain amount.

Buying Clout

With your pre-qualification letter, a number of advantages fall at your feet once you locate the home you want to put together an offer on. First, it lets you know the amount that you're able to offer. Of greater importance to the current home owner, your pre-qualification is like your having entered their house with a suitcase full of money to make the deal! They won't have to be concerned that they're wasting their time if you will not have the ability to qualify for a big enough mortgage loan. The seller won't worry if he can trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't cause them concern. You have the capability to back up your offer.

We will help you pre-qualify

We will help you find out the loan amount you can qualify for and the monthly mortgage payment amount you can afford by getting you pre-qualified. The process takes you through your finances - your debt, income, employment, down payment money, among other things. We as for a minimum amount of paperwork, and avoid a lengthy process.

One on one

You can always use the calculators here on this site to get an idea of how much mortgage you'll be able to afford - but it's also valuable to meet with one of our mortgage professionals. That way, we will be able to help you get your pre-qualification letter. For another thing, we might locate a different mortgage option that is a better fit for you. Contact us at 7209331025 to get started.

Have questions about pre-qualifying? Call us at 7209331025. We answer pre-qualification questions every day.