Why it's Important to Pre-Qualify

Shopping for a mortgage? We'd be thrilled to answer your questions about your mortgage needs! Give us a call today at 9736012122. Ready to begin? Apply Here.

It's important to visit with a mortgage professional first, even if you haven't settled on what sort of house to search for. What for? How can we help you if you have not made your offer, and don't know yet how much you need to borrow?

Pre-Qualify

We will help you find out how much of a loan you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. We can do this by considering your income and debts, your employment and residence situations, your funds available for a down payment, required reserves, and some other things. We require a minimum amount of paperwork, and avoid a lengthy process.

When you qualify, will present to you a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), which states that we are helping you to find the ideal loan program to fit your needs and that we're confident you'll qualify for a mortgage loan up to a certain amount.

Power in the Pre-Qual

Several beneifits open to you once you have found your dream house, and have achieved pre-qualification power. The first is that you can know what you'll be able to afford when putting together your offer. More important to the existing home owner, your being pre-qualified is like your having entered their front door with a bag full of cash ready to make the deal! They will not need to be concerned they have been wasting their time if you do not be able to qualify for a big enough mortgage. The seller of the home won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary loan amount won't cause them concern. You have the ability to back your offer up.

We help with your pre-qualification

When we pre-qualify you, we help you determine the amount you can afford in monthly payments you can fit in your budget, and the loan amount you can qualify for. The process outlines your finances - your debts, income, employment, down payment money, among other things. We as for a minimum amount of paperwork, with a quick process.

One on one

You can always use the mortgage calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also important to talk with us. For one thing, you will want a Pre-Qualification Letter! Then, we can make sure we have found the best mortgage loan program for you. We are waiting to meet with you: call us at 9736012122.

Have questions about pre-qualifying? Call us at 9736012122. 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.