When to Speak to a Mortgage Pro
Shopping for a mortgage loan? We'll be glad to answer your questions about your mortgage needs! Give us a call at 8165258000. Ready to get started? Apply Online Now.
Even if you haven't picked out homes to view yet, it's advantageous to contact your mortgage loan professional early. What for? What can we do for you before you have made your offer, and don't know yet how much you want to borrow?
When we pre-qualify you, we help you find out how much of a monthly payment you can fit in your budget, and the loan amount you will qualify for. In the process, we determine your borrowing capacity - analyzing your earning status, money available for down payment, debts, income, and other circumstances. We require a minimum amount of paperwork, with a short,basic process.
At the point you are determined to be eligible, we document our confidence in your ability to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also called a "pre-qual").
Several advantages open to you when you've found your dream house, and have achieved pre-qualification. The first is that you will know the amount you can afford when calculating your offer.
Having pre-qualification can also make your offer look even better to the seller, as if you were bringing them a bag full of cash! They need not be concerned that they have been wasting their time if you do not be able to qualify for a big enough mortgage loan. The seller won't wonder if he can trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to be concerned about. You have the ability to back up your offer.
We will help you pre-qualify
We will help determine how much of a mortgage loan you can afford, and how much money you can borrow, by taking you through pre-qualifying. The process outlines your financial situation - your debt, income, career, cash available for down payment, among other things. We will ask for a minimum amount of paperwork, with a short, basic process.
While you are able to try our tools to calculate mortgage variables on our website, it's essential to meet with us. For one thing, you'll want a Pre-Qualification Letter! Then, we'll make sure we have chosen the right mortgage loan program for your situation. Contact us at 8165258000 to get started.
Have questions about pre-qualifying? Call us at 8165258000. It's our job to answer pre-qualification questions, so we're happy to help!