Why it's Important to Pre-Qualify
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It is valuable to consult with your mortgage loan professional early — even before you've started to research neighborhoods. What for? Perhaps it is hard to fathom the way we can help even before you start to talk about prices and negotiations.
We Can Help You Pre-Qualify
We can help you find out how much of a loan you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. In this process, we calculate your ability to borrow - analyzing your earning status, available money for down payment, debt, income, and other areas. We will ask for a minimum amount of paperwork, with a short,basic process.
Once you are considered eligible, we prove our confidence in your ability to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also called a "pre-qual").
Power in the Pre-Qual
A number of advantages open to you when you've found your dream house, and have achieved pre-qualification power. The first is that you will know the amount you can afford when calculating the offer.
Of greater importance to the home seller, your being pre-qualified is like your having walked into their house with a bag full of cash to make the deal! They won't need to be concerned they're wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller won't wonder if he can trust you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage 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 you see how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through the pre-qualification process. We will do this by considering your debts and income, your work and residence situations, your funds available for down payment, required reserves, and other considerations. We as for a minimum amount of paperwork, and avoid a lengthy process.
It's vital for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculator tools on this site. For one thing, you will want a Pre-Qualification Letter! For another thing, we could locate a different mortgage program that is a better fit for you. Let us help you get started: Contact us at (904) 342-3622.
Have questions about pre-qualifying? Call us at (904) 342-3622. We answer pre-qualification questions every day.