The Importance of Pre-Qualifying
It's helpful to consult your mortgage loan professional as soon as possible — even before you have started to consider neighborhoods. What for? It might be hard to understand the way we can help even before you start to calculate your offer.
We will help you find out how much of a loan you can qualify for and the mortgage payment amount you are able to afford by helping you pre-qualify. We accomplish this by considering your debts and income, your work and residence circumstances, the funds available for down payment, required reserves, and some other things. It's short and to the point; We take pride in keeping the paperwork to a minimum.
Once you are considered eligible, we document our confidence in your potential to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").
Several advantages open to you once you find your dream house, and have achieved pre-qualification power. The first is that you will know what you'll be able to afford when calculating your offer. Being pre-qualified also will make your offer look even better to the seller, like you were bringing them a big box of cash! They will not need to worry that they're wasting their time if you will not be able to qualify for a big enough mortgage loan. The seller won't wonder if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount won't cause them concern. You'll have the clout of a buyer ready to make the deal right now!
We can help you pre-qualify
We will help you see how much of a mortgage you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. During this process, we calculate your borrowing potential - analyzing your employment, money available for down payment, existing debt, income, and other circumstances. We will ask for 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 our website, it will be essential to meet with one of our mortgage professional team members. That way, we will be able to help you get your pre-qualification letter. For another thing, we could locate a different mortgage choice that is a better fit for you. Let us get you started: Call us at 800-998-6003.
Have questions about pre-qualifying? Call us at 800-998-6003. It's our job to answer pre-qualification questions, so we're happy to help!