Why it's Important to Pre-Qualify

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Even if you haven't so much as researched houses to view yet, it's important to see your mortgage pro first. Why? What can we do for you before you have made an offer, and do not know yet the amount you want to borrow?


When we pre-qualify you, we help you decide how much of a monthly payment you can afford, and the loan amount you will qualify for. In this process, we look at your capacity to borrow - reviewing your job, money available for down payment, existing debt, income, and other circumstances. It is a short, thorough process with minimal risks for papercuts.

We will give you a Pre-Qualification Letter after you qualify, that says that we're confident you will qualify for a certain amount of mortgage loan dollars.

Pre-Qualification Power

With your pre-qualification letter, several advantages fall at your feet once you locate the home you want to put together an offer on. First of all, you have some concrete numbers in mind, as the amount you will be able to borrow. Even more important to the existing owner, your pre-qualification letter gives them certainty - as if you had come into their home with a big box of cash to back up the offer! They need not wonder if they're wasting their time if you won't be able to have the ability to qualify for a big enough mortgage. The seller won't be concerned that he won't be able to count on you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't be something for them to worry about. They have a virtual guarantee that they can trust your ability to back up your offer.

We will help you with your pre-qualification

We can help you calculate how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through pre-qualifying. We can do this by reviewing your income and debts, your work and housing situations, the funds available for down payment, required reserves, and other financial considerations. It's short and to the point; and we take pride in keeping the paperwork to a minimum.


It's vital to sit down and talk with us, even though you are free to also try the helpful mortgage loan calculator tools on our website. For one thing, you will need a Pre-Qualification Letter! Then, we can make sure we have the ideal mortgage program for you. We're eager to hear from you: call us at (800) 288-9693.

Have questions about pre-qualifying? Call us at (800) 288-9693. Cottingham Mortgage Inc. 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.
How can we get in touch with you?
Tell us about your credit history.