Why it's Important to Pre-Qualify

Even if you have not picked out homes to view yet, it's important to see your mortgage pro early. Why? It might be difficult to fathom the way we can help even before you start to negotiate.

We Can Help You Pre-Qualify

We can help you calculate how much of a mortgage you can afford, and the amount of money you can borrow, by taking you through pre-qualifying. We do this by analyzing your income and debts, your employment and residence situations, your available funds for a down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.

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

Pre-Qualification Power

Armed with your pre-qualification letter, some advantages are yours once you locate the house you want to put together an offer for. The first is that you can know what you can afford when determining your offer. Even more important to the seller, your pre-qualification status gives them confidence - as if you'd arrived at their home with a suitcase of cash to make the offer! They will not have to worry that they're wasting their time if you will not be able 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 mortgage in the amount you'll need.Your qualifying for the necessary mortgage loan amount won't cause them concern. They have a virtual guarantee that they can trust your buying power.

We help with your pre-qualification

When we pre-qualify you, we help you figure out the amount you can afford in monthly payments you can afford, and the loan amount you can qualify for. We achieve this by reviewing your debts and income, your work and residence situations, your available funds for a down payment, required reserves, and other financial considerations. We will ask for a minimum amount of paperwork, with a quick process.

One-on-One

It is vital to sit down and meet with us, even though you are welcome to also utilize the helpful mortgage calculator tools on this site. That way, we'll be able to help you get your pre-qualification letter. For another thing, we could be able to find a different mortgage program that better fits your needs. We're eager to meet with you: call us at 2143174272.

Have questions about pre-qualifying? Call us at 2143174272. We answer pre-qualification questions every day.