When to Speak to Your Mortgage Professional About Pre-Qualifying
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In the market for a new mortgage? We can assist you! Call us at 7068605514. Ready to get started? Apply Online Now.
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Even if you haven't picked out homes to visit yet, it's important to visit with your mortgage professional early. Why? If you don't know yet how much home you need to qualify for, what can we help you with?
Pre-Qualify
We can help determine how much of a mortgage loan you can afford, and how much money you may be able to borrow, by taking you through the pre-qualification process. We achieve this by reviewing your income and debts, your employment and housing situations, your available funds for a down payment, required reserves, and some other things. We ask for a minimum amount of paperwork, and avoid a lengthy process.
When you qualify, will give you a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), which documents the fact that we are partnering with you to find the ideal mortgage loan to meet your situation and that we are confident you'll qualify for a mortgage for a specific amount.
Pre-Qual Power
A number of advantages open to you once you find your next house, and have pre-qualification. The first is that you'll be sure the amount you'll be able to afford when calculating the offer.
Even more important to the seller of the home, your pre-qualification gives them confidence - as if you had come to their house with a bag of cash to make the offer! They won't need to wonder if that they're wasting their time if you don't be able to qualify for a high enough mortgage. The seller won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not be something for them to worry about. You have the ability to back your offer up.
We will help you with your pre-qualification
We will help you calculate how much of a mortgage you can afford, and how much money you will be able to borrow, by walking you through the pre-qualification process. In this process, we look at your ability to borrow - analyzing your earning status, available money for down payment, existing debt, income, and other circumstances. It's a quick, thorough process with minimal risks for papercuts.

Face to Face
You can always use the mortgage calculators available on our website to calculate how much mortgage you'll be able to afford - but it's also important to talk with us. For one thing, you'll want a Pre-Qualification Letter! For another thing, we may find a different mortgage program that is a better fit for you. We're waiting to meet with you: contact us at 7068605514.
Have questions about pre-qualifying? Call us at 7068605514. We answer pre-qualification questions every day.