The Importance of Pre-Qualifying

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It's valuable to visit with a mortgage loan pro early, even if you haven't settled on what type of home you hope to find. What for? If you don't yet know how much home you need to qualify for, what could we do for you?

Pre-Qualify

We will help determine how much of a mortgage you can afford, and how much money you can borrow, by walking you through the pre-qualification process. During the process, we look at your borrowing potential - reviewing your earning status, available money for down payment, debt, income, and other areas. We will 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 might call it a "pre-qual"), which says that we are helping you to find the ideal mortgage loan to fit your situation and that we're confident you will qualify for a loan up to a certain amount.

Power in the Pre-Qual

When you locate the house that is right for you, and you want to make an offer, being pre-qualified for a loan will do several things. The first is that you'll know the amount you will be able to afford when putting together your offer. Of greater importance to the current home owner, your being pre-qualified is like your having walked into their house with a suitcase full of cash to purchase the house! They won't need to be concerned they are wasting their time if you don't have the ability to qualify for a big enough mortgage. The seller of the home won't be concerned that he can't trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not be something for them to fret over. You have the clout of a buyer ready to make the deal on the spot!

We will help you pre-qualify

We can help you see how much of a mortgage you can afford, and how much money you can borrow, by walking you through the pre-qualification process. The process outlines your current financial situation - your debts, income, job, cash available for down payment, among other things. It is a short, thorough process with minimal risks for papercuts.

One on one

You can always use the mortgage calculators available on our site to calculate how much mortgage you will be able to afford - but it's also essential to talk with us. For one thing, you'll need a Pre-Qualification Letter! Next, we can study your mortgage loan options and make sure you are in the best one. Contact us at 949-367-1317 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at 949-367-1317. It's our job to answer pre-qualification questions, so we're happy to help!