It’s helpful to consult with your mortgage professional early — even before you’ve started to consider neighborhoods. Why? It might be hard to understand the ways in which we could help even before you start to talk about prices and negotiations.
We Can Help You Pre-Qualify
We will help you determine how much of a loan you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. We can achieve this by analyzing your income and debts, your employment and housing situations, the available funds for a down payment, required reserves, and other financial considerations. It is a short, thorough process with minimal risks for papercuts.
After you are considered eligible, we prove our confidence in your ability to qualify for a mortgage loan by awarding you a Pre-Qualification Letter (also known as a “pre-qual”).
Power in the Pre-Qual
When you find the house that meets your needs, and you want to make an offer, being pre-qualified for a mortgage will do a number of things. The first is that you will know the amount you will be able to afford when determining the offer. More important to the seller, you being pre-qualified lets them know that credit, income and assets have been verified and that you are making a qualified offer. They won’t need to be concerned they have been wasting their time if you won’t be able to be able to qualify for a high enough mortgage. The seller won’t be concerned that he won’t be able to trust you to qualify for your loan.Your qualifying for the necessary loan amount won’t be something for them to fret over. They have a virtual guarantee to trust your buying power.
We can help you pre-qualify
When we pre-qualify you, we help you figure out how much of a monthly mortgage payment you can fit in your budget, and how much we of a loan you will qualify for. The process leads you through your current financial situation – your debts, income, career, cash available for down payment, among other things. It’s a quick, thorough process with minimal risks for papercuts.
Face to Face
It’s important to sit down and talk with us, even though you are welcome to also utilize the helpful mortgage loan calculators on this site. That way, we will help you get your pre-qualification letter. For another thing, we may locate a different mortgage option that fits your goals better. We are eager to hear from you: contact us at 503.422.6013.