The Importance of Pre-Qualification
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It's important to consult your mortgage professional early — even before you've begun narrowing down neighborhoods. What for? If you don't know yet how much house you want to qualify for, how can we help?
We Can Help You Pre-Qualify
Our mortgage professionals can help you find out the loan amount you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. We can accomplish this by considering your income and debts, your employment and residence situations, the available funds for down payment, required reserves, and other considerations. We require a minimum amount of paperwork, and avoid a lengthy process.
When you are determined to be eligible, we will prove our confidence in your potential to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also called a "pre-qual").
Once you locate a house that is best for you, and you decide to make an offer, being pre-qualified for a loan will do a couple of things. First, it helps you know the amount that you can offer. Even more important to the seller of the house, your pre-qualification letter gives them certainty - as if you'd come into their house with a suitcase of cash to make the offer! They need not wonder if that they have been wasting their time if you won't be able to be able to qualify for a high enough mortgage. The seller won't worry if he can count on you to qualify for your loan.Your qualifying for your needed loan amount won't be something for them to worry about. You have the ability to back your offer up.
We can help you pre-qualify
We can help you determine how much of a loan you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. The process outlines your financial situation - your debts, income, career, down payment money, among other things. It's quick and to the point; and we take pride in keeping the paperwork to a minimum.
While you are able to use our tools to calculate mortgage variables on this site, it will be essential to sit down and talk with one of our mortgage professional team members. For one thing, you'll need a Pre-Qualification Letter! Then, we will make sure we have the ideal mortgage program for your situation. Let us help you get started: Contact us at 303-997-7117.