The Importance of Pre-Qualifying
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Even if you have not so much as picked out homes to visit yet, it's valuable to visit with your mortgage pro early. What for? How can we help if you have not negotiated a purchase amount, and don't know yet the amount you need to borrow?
We Will Help You Pre-Qualify
Our mortgage professionals will help you calculate the loan amount you can qualify for and the mortgage payment amount you are able to afford by getting you pre-qualified. The process walks you through your finances - your debt, income, employment, and down payment money, among other things. We ask for a minimum amount of paperwork, and avoid a lengthy process.
We give you a Pre-Qualification Letter when you qualify, which states that we're confident you'll qualify for a certain amount of mortgage dollars.
Holding your pre-qualification letter, several advantages fall at your feet once you locate the home you want to put together an offer on. First, it helps you know the amount that you are able to offer.
Even more important to the seller, your pre-qualification letter gives them certainty - as if you had come into their home with a suitcase of cash to back up the offer! They need not be concerned that they're wasting their time if you don't be able to qualify for a high enough mortgage. The seller won't wonder if he can trust you to qualify for your loan.Your qualifying for your needed loan amount will not cause them concern. You have the capability to back up your offer.
We help with your pre-qualification
Our mortgage professionals can help you determine the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by getting you pre-qualified. We achieve this by reviewing your debts and income, your work and housing situations, the available funds for down payment, required reserves, and other considerations. We require a minimum amount of paperwork, and avoid a lengthy process.
One on one
It is vital for you to sit down and talk with us, even though you are free to also use the helpful mortgage loan calculators on our website. For one thing, you will want a Pre-Qualification Letter! For another thing, we may find a different mortgage option that fits your goals better. Contact us at 562 320-0510 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at 562 320-0510. It's our job to answer pre-qualification questions, so we're happy to help!