Why Pre-Qualification is Important
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In the market for a new mortgage? We'd be thrilled to talk about our many mortgage solutions! Give us a call today at 9722920448. Ready to get started? Apply Now.
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It is valuable to consult with your mortgage professional early — even before you have started to research neighborhoods. What for? How can we help you before you have made your offer, and don't know yet how much you need to borrow?
We Can Help You Pre-Qualify
We can help you calculate how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by taking you through the pre-qualification process. We can do this by considering your income and debts, your employment and residence situations, the available funds for a down payment, required reserves, and other considerations. It is a quick, thorough process with minimal risks for papercuts.
After you qualify, we present to you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), that states that we are helping you to find the ideal mortgage loan to fit your needs and that we're confident you'll qualify for a mortgage loan for a certain amount.
Power in the Pre-Qual
Various beneifits open to you after you've found your new house, and have achieved pre-qualification power. The first is that you will be sure the amount you can afford when determining the offer.
More important to the seller, your being pre-qualified is like your having entered their front door with a suitcase full of money ready to purchase their house! They will not need to worry that they're wasting their time if you won't be able to 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 loan amount won't be something for them to be concerned about. You have the capability to back your offer up.
We help with your pre-qualification
We will help determine how much of a mortgage you can afford, and how much money you can borrow, by walking you through pre-qualifying. This process outlines your financial situation - your debts, income, job, down payment money, among other things. It's short and to the point; and we take pride in keeping the paperwork light.
Face to Face
It's important for you to sit down and meet with us, even though you are free to also utilize the helpful mortgage calculator tools on this website. That way, we'll help you get your pre-qualification letter. Then, we will make sure we have the best mortgage loan program for you. Contact us at 9722920448 to get started.
Have questions about pre-qualifying? Call us at 9722920448. It's our job to answer pre-qualification questions, so we're happy to help!