When to Speak to Your Mortgage Professional
Searching for a mortgage loan? We'd be thrilled to talk about your mortgage needs! Call us at (888) 299-4585. Ready to get started? Apply Online Now.
It is valuable to see a mortgage loan pro early, even before you've determined the kind of house you hope to find. Why? What can we do for you before you have made your offer, and don't know yet the amount you want to borrow?
We Can Help You Pre-Qualify
When we pre-qualify you, we help you determine the amount in mortgage payments you can fit in your budget, and the loan amount you will qualify for. We will accomplish this by analyzing your debts and income, your employment and housing situations, the available funds for down payment, required reserves, and some other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
When you are determined to be eligible, we document our confidence in your ability to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").
Holding your pre-qualification letter, some advantages are yours once you find the home you want to make an offer on. The first is that you'll know what you can afford when determining your offer.
More important to the existing home owner, your pre-qualification is like your having entered their house with a suitcase full of cash to purchase their home! They will not need to worry that that they have been wasting their time if you don't have the ability to qualify for a big enough mortgage loan. The seller of the home won't worry if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for your needed loan amount will not cause them concern. They have a virtual guarantee that they can trust your buying power.
We can help you pre-qualify
Our mortgage professionals 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 leads you through your finances - your debt, income, career, down payment money, among other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
While you are encouraged to use our mortgage calculators on this site, it's essential to meet with us. That way, we will help you get your pre-qualification letter. For another thing, we may locate a different mortgage loan option that better fits your needs. We're waiting to hear from you: call us at (888) 299-4585.
Have questions about pre-qualifying? Call us at (888) 299-4585. It's our job to answer pre-qualification questions, so we're happy to help!