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 (405) 615-8543. Ready to begin? Apply Here.

Even if you've not so much as picked out houses to visit yet, it is valuable to see your mortgage professional early. What for? If you don't yet know how much house you need to qualify for, what can we do for you?

Pre-Qualify

When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can afford, and the loan amount you can qualify for. In this process, we explore your borrowing capacity - reviewing your employment, available money for down payment, debt, income, and other circumstances. We will require a minimum amount of paperwork, with a quick process.

After you are determined to be eligible, we document our confidence in your capacity to qualify for a mortgage by giving you a Pre-Qualification Letter (also known as a "pre-qual").

Power in the Pre-Qual

When you find the house that is best for you, and you decide to make an offer, being pre-qualified for a loan will do several things. First, it helps you know how much you can offer. Your pre-qualification will also make your offer more attractive to the home seller, like you were bringing them a big box of cash! They won't need to worry that that they are wasting their time if you do not be able to qualify for a big enough mortgage. The seller won't worry if he can count on you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not cause them concern. You will have the clout of a buyer ready to make the purchase on the spot!

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 pre-qualifying. We achieve this by reviewing your income and debts, your work and residence situations, the available funds for down payment, required reserves, and other considerations. It is a short, thorough process with minimal risks for papercuts.

One-on-One

You can always use the calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also important to meet with us. We can walk you through your pre-qualification letter. Next, we can consider your mortgage program options and be sure you are in the right one. Contact us at (405) 615-8543 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at (405) 615-8543. Executive Lending Group answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
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