When to Talk to a Mortgage Professional
Looking for mortgage advice? We'd be thrilled to discuss your mortgage needs! Give us a call at (407) 889-4321. Ready to begin? Apply Now.
It's valuable to bring in your mortgage professional as soon as possible — even before you've begun researching neighborhoods. What for? Perhaps it's difficult to understand the way we could help even before you begin to negotiate.
We can help you calculate the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. We achieve this by reviewing your income and debts, your work and housing circumstances, your available funds for a down payment, required reserves, and other considerations. We require a minimum amount of paperwork, with a quick process.
We'll award you a Pre-Qualification Letter once you qualify, that states that we are confident you will qualify for up to a predetermined amount of mortgage loan dollars.
Power in the Pre-Qual
Some beneifits open to you after you have found your dream house, and have pre-qualification. First, you have some general numbers in mind, as the amount you will be able to borrow.
Even more important to the present owner, your pre-qualification gives them certainty - as if you had arrived at their home with a bag of cash to make the offer! They will not need to wonder if they are wasting their time if you won't be able to be able to qualify for a high enough mortgage. The seller won't wonder if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary loan amount will not be something for them to fret over. You have the capability to back your offer up.
We can help you pre-qualify
We will help determine how much of a mortgage you can afford, and how much money you may be able to borrow, by walking you through the pre-qualification process. In the process, we look at your capacity to borrow - looking at your earning status, available money for down payment, existing debt, income, and other areas. It's quick and to the point; and we take pride in keeping the paperwork to a minimum.
One on one
You can certainly use the mortgage calculators on this website to calculate the size mortgage you can afford - but it's also important to meet with us. That way, we can help you get your pre-qualification letter. Then, we can make sure we have the best mortgage program for your situation. We are waiting to hear from you: call us at (407) 889-4321.
Have questions about pre-qualifying? Call us at (407) 889-4321. The Mortgage Firm - Team Meyers answers pre-qualifying questions every day.