The Importance of Pre-Qualification
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It's helpful to consult with your mortgage professional early — even before you have started to research neighborhoods. Why? How can we help you before you have negotiated an amount, and do not yet know the amount you want to borrow?
We Can Help You Pre-Qualify
We can help you determine the loan amount you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. During the process, we calculate your ability to borrow - looking at your job, money available for down payment, existing debt, income, and other areas. It's a quick, thorough process with minimal risks for papercuts.
When you qualify, will give you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), that documents the fact that we are working with you to find the best mortgage loan program to meet your needs and that we are confident you will qualify for a mortgage up to a specific amount.
Various advantages open to you when you have found your dream house, and have pre-qualification. The first is that you will be sure what you'll be able to afford when putting together the offer.
Of greater importance to the current home owner, your being pre-qualified is like your having walked into their front door with a suitcase full of money to purchase their home! They won't have to be concerned that they're wasting their time if you won't be able to be able to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't count on you to qualify for your loan.Your qualifying for the necessary loan amount will not cause them concern. You have the ability to back your offer up.
We will help you with your pre-qualification
We can help you see how much of a mortgage you can afford, and how much money you may be able to borrow, by walking you through pre-qualifying. During this process, we look at your ability to borrow - reviewing your earning status, money available for down payment, existing debt, income, and other areas. It's short and basic; and we take pride in keeping the paperwork to a minimum.
One on one
While you are able to use our mortgage calculators on our website, it will be essential to meet with one of our mortgage professional team members. That way, we will help you get your pre-qualification letter. Next, we can study your mortgage choices to make sure you are in the right one. Let us get you started: Call us at (407) 889-4321.
Have questions about pre-qualifying? Call us at (407) 889-4321. We answer pre-qualification questions every day.