Why Pre-Qualification is Important
Looking for a mortgage loan? We can help! Call us at 562 320-0510. Ready to get started? Apply Now.
It's important to consult with your mortgage loan professional early — even before you have started to consider neighborhoods. Why? How can we help if you have not made your offer, and don't yet know how much you want to borrow?
We Can Help You Pre-Qualify
We will help you calculate how much of a mortgage loan you can afford, and how much money you will be able to borrow, by walking you through pre-qualifying. This process leads you through your finances - your debt, income, job, and cash available for down payment, among other things. We require a minimum amount of paperwork, and avoid a lengthy process.
We will give you a Pre-Qualification Letter when you qualify, which says that we are confident you will qualify for a specific amount of mortgage dollars.
Power in the Pre-Qual
Some advantages open to you when you have found your new house, and have achieved pre-qualification power. First, you have some definite numbers in mind, as the total you will qualify for with your mortgage.
Of greater importance to the home seller, your being pre-qualified is like your having walked into their front door with a suitcase full of cash ready to make the deal! They need not worry that that they have been wasting their time if you will not have the ability to qualify for a high enough mortgage loan. The seller won't be concerned that he won't be able to count on you to qualify for your loan.Your qualifying for your needed 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 with your pre-qualification
We will help you determine the loan amount you can qualify for and the mortgage payment amount you are able to afford by getting you pre-qualified. This process outlines your current financial situation - your debt, income, career, down payment money, among other things. It is a short, thorough process with minimal risks for papercuts.
One on one
It is vital to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculator tools on our site. That way, we will help you get your pre-qualification letter. Then, we will make sure we have chosen the best mortgage program for you. We're waiting to meet with you: call us at 562 320-0510.
Have questions about pre-qualifying? Call us at 562 320-0510. Reliance Mortgage Service, Inc answers pre-qualifying questions every day.