The Importance of Pre-Qualification
Are you looking for a mortgage loan? We'll be glad to answer your questions about our many mortgage solutions! Call us at (800) 288-9693. Ready to begin? Apply Now.
Even if you have not picked out houses to view yet, it is important to see your mortgage professional early. What for? How can we help you if you have not negotiated an amount, and don't yet know the amount you want to borrow?
We Can Help You Pre-Qualify
When we pre-qualify you, we help you decide the amount in monthly mortgage payments you can fit in your budget, and how much we of a loan you can qualify for. We can do this by analyzing your debts and income, your employment and housing circumstances, the available funds for down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.
We will give you a Pre-Qualification Letter once you qualify, which states that we are confident you can qualify for a predetermined amount of mortgage loan dollars.
Several advantages open to you once you've found your new house, and have achieved pre-qualification power. The first is that you will be sure what you will be able to afford when determining your offer.
Of greater importance to the existing home owner, your being pre-qualified is like your having walked into their house with a bag full of cash ready to purchase their home! They need not wonder if that they're wasting their time if you do not be able to qualify for a high enough mortgage. The seller won't worry if he can count on you to qualify for your loan.Your qualifying for the necessary loan amount will not be something for them to lose sleep over. You have the influence of a buyer ready to make the deal right now!
We help with your pre-qualification
When we pre-qualify you, we help you decide how much of a monthly payment you can fit in your budget, and the loan amount you can qualify for. This process outlines your current financial situation - your debt, income, job, cash available for down payment, among other things. It's quick and to the point; and we keep the paperwork to a minimum.
Face to Face
You can always use the calculators on our site to calculate the size mortgage you'll be able to afford - but it's also valuable to meet with us. That way, we'll be able to help you get your pre-qualification letter. Then, we can make sure we have the ideal mortgage program for you. Contact us at (800) 288-9693 to get started.
Have questions about pre-qualifying? Call us at (800) 288-9693. It's our job to answer pre-qualification questions, so we're happy to help!