When to Speak to a Mortgage Professional
Shopping for a mortgage? We'd be thrilled to discuss your mortgage needs! Call us at (904) 342-3622. Want to get started? Apply Now.
Even if you've not researched houses to view yet, it's important to see your mortgage professional early. Why? What can we do for you if you have not negotiated an amount, and do not know yet how much you need to borrow?
We will help you determine how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by getting you pre-qualified. We will accomplish this by considering your debts and income, your work and residence circumstances, the available funds for a down payment, required reserves, and other financial considerations. We require a minimum amount of paperwork, with a quick process.
When you qualify, will present to you a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), that states that we are helping you to find the ideal loan program to meet your needs and that we're confident you will qualify for a mortgage loan for a certain amount.
When you locate the house that is right for you, and you decide to put together an offer, being pre-qualified for a mortgage loan will do several things. First of all, you have some general numbers in mind, as the amount you can borrow.
Having pre-qualification will also make your offer more attractive to the seller, like you were bringing them a bag full of cash! They won't have to wonder if that they are wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller of the home won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary loan amount won't be something for them to worry about. They have a virtual guarantee to trust your ability to back up your offer.
We will help you pre-qualify
We will help you calculate the loan amount you can qualify for and the monthly payment amount you are able to afford by helping you pre-qualify. During the process, we calculate your borrowing potential - looking at your job, available money for down payment, debts, income, and other circumstances. It is a quick, thorough process with minimal risks for papercuts.
Face to Face
It's important for you to sit down and talk with us, even though you are free to also try the helpful mortgage calculators on our site. That way, we can help you get your pre-qualification letter. For another thing, we may find a different mortgage program that better fits your needs. Contact us at (904) 342-3622 to get started.
Have questions about pre-qualifying? Call us at (904) 342-3622. Bright Vision Mortgage answers pre-qualifying questions every day.