Why it's Important to Pre-Qualify
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It's helpful to bring in your mortgage loan professional early — even before you've started narrowing down neighborhoods. What for? It may be hard to fathom how we can help even before you start to negotiate.
We Will Help You Pre-Qualify
We can help you calculate how much of a mortgage you can afford, and how much money you can borrow, by walking you through the pre-qualification process. We do this by considering your debts and income, your employment and housing situations, your available funds for down payment, required reserves, and some other things. We ask for a minimum amount of paperwork, with a quick process.
When you are determined to be eligible, we will prove our confidence in your potential to qualify for a mortgage loan by awarding you a Pre-Qualification Letter (also known as a "pre-qual").
Some beneifits open to you after you have found your dream house, and have pre-qualification power. The first is that you can be sure what you can afford when calculating the offer.
Of greater importance to the existing home owner, your being pre-qualified is like your having walked into their house with a suitcase full of cash to purchase the home! They will not need to wonder if they have been wasting their time if you don't have the ability to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he can't trust you to qualify for your loan.Your qualifying for the necessary loan amount won't be something for them to fret over. They have a virtual guarantee to trust your ability to back up your offer.
We will help you pre-qualify
When we pre-qualify you, we help you determine the amount you can afford in monthly mortgage payments you can afford, and the loan amount you will qualify for. This process outlines your finances - your debts, income, job, cash available for down payment, among other things. We require a minimum amount of paperwork, and avoid a lengthy process.
Face to Face
While you can benefit from our tools to calculate mortgage variables on this site, it's essential to sit down and talk with us. That way, we will help you get your pre-qualification letter. For another thing, we might be able to find a different mortgage program that better fits your needs. Let us help you get started: Contact us at 3175959600.
Have questions about pre-qualifying? Call us at 3175959600. It's our job to answer pre-qualification questions, so we're happy to help!