Why Pre-Qualification is Important

It can be important to visit with a mortgage professional early, even before you've determined what type of house you hope to find. Why? When you do not yet know how much home you want to qualify for, how could we help?

We Can Help You Pre-Qualify

We can help determine how much of a mortgage you can afford, and how much money you can borrow, by taking you through the pre-qualification process. During the process, we explore your capacity to borrow - reviewing your job, money available for down payment, existing debt, income, and other areas. We ask for a minimum amount of paperwork, with a quick process.

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

Power in the Pre-Qual

With your pre-qualification letter, a number of advantages are yours at the point you find the house you want to put together an offer on. First, it lets you know the amount that you can offer. Of greater importance to the current home owner, your pre-qualification is like your having walked into their front door with a suitcase full of money ready to purchase their house! They won't have to wonder if that they're wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller of the home 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 your needed mortgage loan amount will not cause them concern. You have the ability to back up your offer.

We help with your pre-qualification

Our mortgage professionals will help you determine the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. During the process, we determine your borrowing potential - reviewing your employment, money available for down payment, debts, income, and other areas. It's short and to the point; and we take pride in keeping the paperwork to a minimum.

One-on-One

While you can try our tools to calculate mortgage variables on this site, it is a good idea to sit down and talk with us. For one thing, you'll need a Pre-Qualification Letter! Next, we can review your mortgage loan choices and make sure you are in the best one. We are eager to hear from you: contact us at 9139444767.

Have questions about pre-qualifying? Call us at 9139444767. It's our job to answer pre-qualification questions, so we're happy to help!