It is important to visit with a mortgage loan pro first, even before you have determined what sort of home to search for. What for? What can we do for you before you have negotiated a purchase amount, and don’t yet know how much you want to borrow?
We can help you determine the loan amount you can qualify for and the monthly payment amount you can afford by helping you prequalify. We accomplish this by analyzing your debts and income, your employment and residence situations, the funds available for down payment, required reserves, and some other things. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
We’ll give you a Pre-Qualification Letter after you qualify, that documents that we’re confident you’ll qualify for a predetermined amount of mortgage loan dollars.
Various advantages open to you when you have found your next house, and have prequalification power. First, it helps you know the amount that you’re able to offer. Of greater importance to the home seller, your prequalification is like you’re having walked into their front door with a bag full of cash to make the deal! They will not need to worry that that they are wasting their time if you don’t have the ability to qualify for a big enough mortgage loan. The seller of the home won’t worry if he can count on you to qualify for your mortgage in the amount you will need. Your qualifying for the necessary loan amount will not be something for them to worry about. You can have the influence of a buyer ready to make the deal on the spot!
Our mortgage professionals will help you determine the loan amount you can qualify for and the monthly mortgage payment amount you can afford by getting you pre-qualified. In this process, we explore your capacity to borrow reviewing your earning status, money available for down payment, debts, income, and other areas. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
It is important for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculators on our site. For one thing, you’ll want a Pre-Qualification Letter! Then, we will make sure we have the ideal mortgage loan program for your situation. Contact us at 8472304030 to get your pre-qualification process started.
Have questions about pre-qualifying? We answer pre-qualification questions every day.
Call us at 847-230-4030 or email us at firstname.lastname@example.org.