Why Pre-Qualify?

It can be helpful to see a mortgage professional early, even before you have determined the kind of house you hope to find. Why? It may be hard to understand how we could help even before you begin to talk about prices and negotiations.

Pre-Qualify

We can help you determine the loan amount you can qualify for and the mortgage payment amount you are able to afford by helping you pre-qualify. During this process, we explore your borrowing capacity - looking at your employment, money available for down payment, debts, income, and other circumstances. It's a short, thorough process with minimal risks for papercuts.

At the point you are determined to be eligible, we prove our confidence in your ability to qualify for a loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Buying Power

After you locate a house that is best for you, and you decide to put together an offer, being pre-qualified for a mortgage loan will do several things. First, it helps you know how much you are able to offer. More important to the home seller, your being pre-qualified is like your having entered their front door with a bag full of money ready to make the deal! They won't need to wonder if that they have been wasting their time if you will not be able to qualify for a high enough mortgage loan. The seller of the home 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 be concerned about. You'll have the clout of a buyer ready to make the purchase on the spot!

We help with your pre-qualification

Our mortgage professionals will help you calculate the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. We can achieve this by analyzing your income and debts, your work and housing circumstances, the funds available for a down payment, required reserves, and some other things. We require a minimum amount of paperwork, with a quick process.