The Importance of Pre-Qualification

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Even if you have not so much as researched homes to view yet, it's important to contact your mortgage loan professional early. Why? If you do not yet know how much house you want to qualify for, what can we do for you?

We Can Help You Pre-Qualify

We can help you calculate how much of a loan you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. This process outlines your financial situation - your debt, income, job, and cash available for down payment, among other things. It's quick and to the point; We take pride in keeping the paperwork light.

Once you are determined to be eligible, we prove our confidence in your potential to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Buying Power

With your pre-qualification letter, several advantages fall at your feet when you find the house you want to put together an offer for. First, you have some concrete numbers in mind, as the total you will be able to borrow. Even more important to the seller, your pre-qualification gives them confidence - as if you had entered their house with a big box of cash to back up the offer! They will not have to be concerned 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 trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount will not be something for them to worry about. They have a virtual guarantee that they can trust your ability to back up your offer.

We can help you pre-qualify

We will help determine how much of a mortgage loan you can afford, and how much money you may be able to borrow, by walking you through pre-qualifying. In this process, we calculate your capacity to borrow - looking at your earning status, available money for down payment, existing debt, income, and other circumstances. It's short and basic; and we take pride in keeping the paperwork to a minimum.

One-on-One

It is important for you to sit down and talk with us, even though you are welcome to also utilize the helpful mortgage calculators on this website. We can work toward your pre-qualification letter. Next, we can review your mortgage loan options and be sure you are in the right one. Let us help you get started: Call us at 8132007931.

Have questions about pre-qualifying? Call us at 8132007931. It's our job to answer pre-qualification questions, so we're happy to help!