Why Pre-Qualify?

Shopping for a mortgage loan? We'd be thrilled to talk about your mortgage needs! Give us a call today at (888) 299-4585. Want to get started? Apply Here.

It is valuable to see a mortgage loan pro early, even if you haven't decided the sort of home to search for. What for? It might be hard to fathom the ways in which we could help even before you start to calculate your offer.

Pre-Qualify

When we pre-qualify you, we help you figure out the amount in mortgage payments you can afford, and the size of loan you will qualify for. During this process, we determine your borrowing potential - analyzing your earning status, money available for down payment, debts, income, and other circumstances. It's short and to the point; We keep the paperwork light.

Once you are determined to be eligible, we document our confidence in your ability to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Buying Clout

Holding your pre-qualification letter, a number of advantages fall at your feet at the point you locate the house you want to put together an offer for. First, it lets you know how much you can offer. More important to the home seller, your being pre-qualified is like your having walked into their house with a suitcase full of cash ready to make the deal! They need not worry that they have been wasting their time if you will 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 count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to worry about. You have the ability to back up your offer.

We help with your pre-qualification

When we pre-qualify you, we help you determine how much of a monthly payment you can afford, and the size of loan you can qualify for. In the process, we explore your borrowing potential - analyzing your employment, available money for down payment, debt, income, and other circumstances. We as for a minimum amount of paperwork, and avoid a lengthy process.

One-on-One

You can certainly use the calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also valuable to meet with one of our mortgage professionals. We can begin getting your pre-qualification letter. Then, we will make sure we have the right mortgage loan program for your situation. Let us help you get started: Call us at (888) 299-4585.

Have questions about pre-qualifying? Call us at (888) 299-4585. Back Bay Funding answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.