Why Pre-Qualify?

In the market for a new mortgage loan? We'll be glad to discuss our mortgage offerings! Give us a call today at (973) 601-2122. Want to get started? Apply Now.

It is helpful to see a mortgage professional early, even if you haven't decided what type of home to search for. What for? It might be hard to understand the ways in which we could help even before you begin to negotiate.

Pre-Qualify

When we pre-qualify you, we help you find out how much of a monthly payment you can afford, and the loan amount you will qualify for. We can achieve this by reviewing your income and debts, your work and housing circumstances, your funds available for down payment, required reserves, and other financial considerations. We ask for a minimum amount of paperwork, and avoid a lengthy process.

We'll award you a Pre-Qualification Letter if you qualify, which states that we're confident you'll qualify for a predetermined amount of mortgage dollars.

Power in the Pre-Qual

Several beneifits open to you after you have found your dream house, and have achieved pre-qualification power. First, you have some general numbers in mind, as the amount you will be able to borrow. More important to the current home owner, your being pre-qualified is like your having entered their front door with a bag full of money to purchase the house! They will not need to wonder if that they have been wasting their time if you won't be able to have the ability to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't count on you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount won't cause them concern. They have a virtual guarantee to trust your buying power.

We help with your pre-qualification

Our mortgage professionals will help you calculate the loan amount you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. The process outlines your finances - your debts, income, employment, cash available for down payment, among other things. It's short and to the point; and we take pride in keeping the paperwork to a minimum.

One-on-One

While you are encouraged to try our mortgage calculators on this website, it's a good idea to meet with us. We can begin getting your pre-qualification letter. For another thing, we may locate a different mortgage choice that better fits your needs. We're eager to hear from you: contact us at (973) 601-2122.

Have questions about pre-qualifying? Call us at (973) 601-2122. The Lending Source answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.