Why it's Important to Pre-Qualify
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It is important to consult your mortgage professional as soon as possible — even before you have begun researching neighborhoods. What for? When you don't know yet how much house you need to qualify for, what could we help you with?
We Will Help You Pre-Qualify
We can help you calculate how much of a loan you can qualify for and the mortgage payment amount you can afford by helping you pre-qualify. The process takes you through your finances - your debt, income, employment, and cash available for down payment, among other things. It is a quick, thorough process with minimal risks for papercuts.
We will award you a Pre-Qualification Letter if you qualify, which states that we are confident you'll qualify for up to a certain amount of mortgage loan dollars.
Power in the Pre-Qual
When you find a house that meets your needs, and you want to put together an offer, being pre-qualified for a mortgage loan will do a couple of things. First of all, you have some definite numbers in mind, as the amount you can borrow.
Being pre-qualified will also make your offer more attractive to the seller, as if you were bringing them a bag full of cash! They will not need to worry that that they have been wasting their time if you don't be able to qualify for a big enough mortgage. The seller won't be concerned that he can't trust you to qualify for your mortgage in the amount you'll 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 will help you pre-qualify
We will help determine how much of a mortgage you can afford, and the amount of money you will be able to borrow, by walking you through the pre-qualification process. During the process, we explore your borrowing power - analyzing your employment, available money for down payment, debt, income, and other areas. It is a short, thorough process with minimal risks for papercuts.
One on one
While you are able to use our tools to calculate mortgage variables on this website, it's essential to sit down and talk with us. For one thing, you'll need a Pre-Qualification Letter! For another thing, we might locate a different mortgage choice that better fits your needs. Let us help you get started: Contact us at 214-865-7442.
Have questions about pre-qualifying? Call us at 214-865-7442. We answer pre-qualification questions every day.