Why it's Important to Pre-Qualify
Are you looking for a mortgage loan? We will be glad to assist you! Give us a call at 3175959600. Want to get started? Apply Now.
Even if you have not researched homes to visit yet, it's advantageous to visit with your mortgage professional early. What for? When you don't know yet how much house you need to qualify for, how could we help?
We can help you see how much of a mortgage you can afford, and how much money you can borrow, by walking you through pre-qualifying. During the process, we look at your borrowing power - looking at your employment, available money for down payment, debts, income, and other areas. We require a minimum amount of paperwork, with a quick process.
After you are considered eligible, we prove our confidence in your potential to qualify for a loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").
Power in the Pre-Qual
Once you locate the house that catches your eye, and you decide to make an offer, being pre-qualified for a loan will do several things. The first is that you'll know the amount you'll be able to afford when putting together your offer.
Of greater importance to the current home owner, your pre-qualification is like your having entered their front door with a bag full of money to purchase the home! They will not need to worry that that they're wasting their time if you can't be able to qualify for a big enough mortgage loan. The seller of the home won't wonder if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not be something for them to lose sleep over. You have the sway of a buyer ready to make the deal on the spot!
We will help you pre-qualify
We can help you calculate how much of a mortgage loan you can afford, and how much money you may be able to borrow, by walking you through the pre-qualification process. The process walks you through your finances - your debt, income, job, down payment money, among other things. It's quick and to the point; and we take pride in keeping the paperwork to a minimum.
It is important for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculator tools on our site. That way, we will help you get your pre-qualification letter. Next, we can review your mortgage choices and make sure you have chosen the right one. We are waiting to hear from you: call us at 3175959600.
Have questions about pre-qualifying? Call us at 3175959600. We answer pre-qualification questions every day.