Why it's Important to Pre-Qualify
Shopping for a mortgage loan? We will be glad to help! Give us a call at (813) 200-7931. Want to get started? Apply Online Now.
It's helpful to bring in your mortgage professional as soon as possible — even before you've started researching neighborhoods. What for? What can we do for you if you have not negotiated a purchase amount, and don't yet know the amount you want to borrow?
We Can Help You Pre-Qualify
We will help you determine how much of a loan you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. In the process, we explore your capacity to borrow - looking at your job, available money for down payment, debt, income, and other areas. It's quick and to the point; We take pride in keeping the paperwork to a minimum.
Once you are determined to be eligible, we document our confidence in your capacity to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").
Power in the Pre-Qual
Once you locate the house that is best for you, and you want to make an offer, being pre-qualified for a loan will do several things. First of all, you have some definite numbers in mind, as the total you can borrow.
Even more important to the seller of the home, your pre-qualification gives them confidence - as if you had entered their house with a big box of cash to make the offer! They won't need to be concerned that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount will not cause them concern. They have a virtual guarantee that they can trust your buying power.
We help with your pre-qualification
We will help determine how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by walking you through pre-qualifying. The process walks you through your finances - your debt, income, job, down payment money, among other things. We require a minimum amount of paperwork, and avoid a lengthy process.
It's vital to sit down and meet with us, even though you are free to also try the helpful mortgage calculator tools on this site. For one thing, you will want a Pre-Qualification Letter! For another thing, we could be able to locate a different mortgage option that is a better fit for you. We are eager to meet with you: call us at (813) 200-7931.
Have questions about pre-qualifying? Call us at (813) 200-7931. Sky Apply Mortgage answers pre-qualifying questions every day.