Why Pre-Qualification is Important

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It's valuable to consult your mortgage professional early — even before you have started researching neighborhoods. What for? If you do not know yet how much house you need to qualify for, how could we help?

We Can Help You Pre-Qualify

Our mortgage professionals can help you calculate the loan amount you can qualify for and the monthly mortgage payment amount you can afford by getting you pre-qualified. This process outlines your current financial situation - your debt, income, employment, and down payment money, among other things. We require a minimum amount of paperwork, and avoid a lengthy process.

Once you qualify, we present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which says that we are partnering with you to find the right mortgage to meet your financial needs and that we are confident you'll qualify for a loan for a certain amount.

Power in the Pre-Qual

When you locate the house that is best for you, and you want to make an offer, being pre-qualified for a mortgage will do a couple of things. The first is that you can be sure the amount you will be able to afford when putting together the offer. Even more important to the current owner, your pre-qualification gives them certainty - as if you had come into their home with a bag of cash to back up the offer! They won't need to worry that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller won't be concerned that he won't be able to count on you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount will not be something for them to be concerned about. You'll have the influence of a buyer ready to make the deal right now!

We will help you with your pre-qualification

We can help you see how much of a mortgage you can afford, and how much money you may be able to borrow, by walking you through pre-qualifying. During this process, we explore your borrowing capacity - reviewing your employment, money available for down payment, debt, income, and other areas. It's short and to the point; and we take pride in keeping the paperwork to a minimum.

Face to Face

You can certainly use the calculators on our website to get an idea of how much mortgage you'll be able to afford - but it's also essential to meet with one of our mortgage professionals. We can begin working on your pre-qualification letter. Then, we will make sure we have found the ideal mortgage loan program for you. Contact us at 4056158543 to get started.

Have questions about pre-qualifying? Call us at 4056158543. We answer pre-qualification questions every day.