When to Speak to Your Mortgage Pro

	Shopping for a mortgage loan? We will be glad to assist you! Give us a call at 9043423622. Ready to get started? Apply Now.

It's important to visit with a mortgage loan pro early, even before you have decided the kind of home to search for. What for? What can we do for you before you have negotiated a price, and do not yet know how much you need to borrow?

We Can Help You Pre-Qualify

When we pre-qualify you, we help you determine the amount in monthly mortgage payments you can afford, and how much we of a loan you can qualify for. We achieve this by reviewing your income and debts, your work and housing circumstances, the funds available for down payment, required reserves, and some other things. We require a minimum amount of paperwork, and avoid a lengthy process.

After you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), which states that we are helping you to find the right mortgage loan program to meet your needs and that we're confident you'll qualify for a mortgage loan for up to a specific amount.

Buying Clout

Holding your pre-qualification letter, some advantages fall at your feet once you find the home you want to put together an offer on. First, you have some general numbers in mind, as the amount you will qualify for with your mortgage loan. Even more important to the seller, your pre-qualification letter gives them certainty - as if you'd entered their house with a bag of cash to back up the offer! They won't need to be concerned they have been wasting their time if you don't have the ability 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 mortgage in the amount you'll need.Your qualifying for the necessary mortgage loan amount will not cause them concern. You will have the sway of a buyer ready to make the purchase right now!

We help with your pre-qualification

When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and the loan amount you will qualify for. In this process, we determine your capacity to borrow - analyzing your employment, available money for down payment, debt, income, and other circumstances. It's a quick, thorough process with minimal risks for papercuts.

Face to Face

While you can try our mortgage calculators on our site, it will be a good idea to meet with one of our mortgage professional team members. That way, we'll be able to help you get your pre-qualification letter. Then, we'll make sure we have the ideal mortgage program for your situation. Contact us at 9043423622 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at 9043423622. Bright Vision Mortgage answers pre-qualifying questions every day.