When to Speak to a Mortgage Professional
Shopping for a mortgage? We'll be glad to discuss our many mortgage solutions! Give us a call at 7032880777. Ready to get started? Apply Here.
Even if you haven't researched houses to view yet, it is advantageous to visit with your mortgage loan professional first. What for? How can we help if you have not negotiated an amount, and do not know yet how much you want to borrow?
When we pre-qualify you, we help you determine the amount in mortgage payments you can fit in your budget, and how much we of a loan you will qualify for. We will accomplish this by analyzing your income and debts, your work and residence situations, your available funds for a down payment, required reserves, and other financial considerations. It's short and basic; We take pride in keeping the paperwork to a minimum.
We'll award you a Pre-Qualification Letter if you qualify, which says that we are confident you will qualify for up to a predetermined amount of mortgage loan dollars.
Various beneifits open to you when you find your new house, and have achieved pre-qualification power. The first is that you'll know what you can afford when calculating your offer.
Having pre-qualification can also make your offer more attractive to the home seller, like you were bringing them a suitcase of cash! They won't have to be concerned that they are wasting their time if you will not 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'll need.Your qualifying for the necessary mortgage loan amount won't cause them concern. They have a virtual guarantee that they can trust your ability to back up your offer.
We will help you with your pre-qualification
Our mortgage professionals will help you calculate the loan amount you can qualify for and the mortgage payment amount you can afford by helping you pre-qualify. We will do this by reviewing your debts and income, your employment and residence situations, the available funds for a down payment, required reserves, and other considerations. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
While you are able to try our mortgage calculators on this site, it is a good idea to sit down and talk with us. That way, we will be able to help you get your pre-qualification letter. Next, we can study your loan choices to make sure you are in the right one. We are waiting to hear from you: contact us at 7032880777.
Have questions about pre-qualifying? Call us at 7032880777. It's our job to answer pre-qualification questions, so we're happy to help!