The Importance of Pre-Qualifying

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Even if you have not so much as researched homes to visit yet, it is valuable to contact your mortgage professional early. Why? Perhaps it's hard to understand the way we could help even before you start to calculate your offer.

We Will Help You Pre-Qualify

Our mortgage professionals can help you calculate the loan amount you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. This process outlines your current financial situation - your debts, income, job, and cash available for down payment, among other things. It is a quick, thorough process with minimal risks for papercuts.

After you qualify, we present to you a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), which documents the fact that we are helping you to find the best mortgage loan to fit your situation and that we're confident you will qualify for a loan for a certain amount.

Buying Power

Armed with your pre-qualification letter, several advantages are yours when you locate the house you want to make an offer on. First, you have some general numbers in mind, as the amount you can borrow. Being pre-qualified can also make your offer look even better to the seller, like you were bringing them a bag full of cash! They will not need to worry that that they are wasting their time if you will not be able to qualify for a high enough mortgage loan. The seller won't wonder if he can count on you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't cause them concern. You can have the sway of a buyer ready to make the deal on the spot!

We will help you pre-qualify

We will help you calculate how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. In the process, we calculate your borrowing power - looking at your earning status, money available for down payment, debts, income, and other circumstances. It's short and basic; and we take pride in keeping the paperwork light.

Face to Face

While you can benefit from our tools to calculate mortgage variables on this site, it is essential to meet with us. We can work toward your pre-qualification letter. For another thing, we may find a different mortgage choice that fits your needs better. Contact us at 9018401400 to get started.

Have questions about pre-qualifying? Call us at 9018401400. We answer pre-qualification questions every day.