The Importance of Pre-Qualifying

Even if you have not so much as researched homes to view yet, it's important to visit with your mortgage loan professional first. What for? How can we help before you have negotiated a price, and do not yet know the amount you need to borrow?

Pre-Qualify

When we pre-qualify you, we help you find out how much of a monthly mortgage payment you can fit in your budget, and the loan amount you can qualify for. In the process, we look at your capacity to borrow - analyzing your job, money available for down payment, debts, income, and other circumstances. It's quick and basic; We take pride in keeping the paperwork light.

After you are determined to be eligible, we prove our confidence in your capacity to qualify for a loan by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Pre-Qual Power

Holding your pre-qualification letter, several advantages are yours once you find the home you want to put together an offer on. First of all, you have some definite numbers in mind, as the amount you will qualify for with your mortgage loan. More important to the seller, your pre-qualification is like your having entered their house with a bag full of cash to purchase their house! They need not be concerned that they have been wasting their time if you do not be able to qualify for a high enough mortgage. The seller of the home won't be concerned that he can't trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not be something for them to lose sleep over. You have the ability to back your offer up.

We help with your pre-qualification

When we pre-qualify you, we help you find out the amount you can afford in monthly payments you can afford, and the size of loan you can qualify for. We can accomplish this by reviewing your debts and income, your employment and residence situations, your funds available for down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.

Face to Face

While you are able to try our mortgage calculators on this site, it will be essential to meet with us. That way, we can help you get your pre-qualification letter. Next, we can consider your loan choices to make sure you are in the best one. Let us get you started: Call us at (661) 288-2987.