Why Pre-Qualification is Important
Shopping for a mortgage? We'll be glad to talk about our many mortgage solutions! Call us at (407) 898-7559. Want to get started? Apply Here.
Even if you've not so much as picked out homes to visit yet, it's advantageous to see your mortgage pro first. Why? How can we help if you haven't negotiated a purchase amount, and don't know yet the amount you want to borrow?
We Will Help You Pre-Qualify
When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and the loan amount you will qualify for. We can achieve this by reviewing your debts and income, your work and housing situations, the available funds for a down payment, required reserves, and other considerations. It is a quick, thorough process with minimal risks for papercuts.
We give you a Pre-Qualification Letter once you qualify, that states that we're confident you'll qualify for up to a specific amount of mortgage loan dollars.
Armed with your pre-qualification letter, a number of advantages are yours once you locate the home you want to make an offer for. First, it helps you know how much you are able to offer.
Being pre-qualified also will make your offer look even better to the seller, like you were bringing them a suitcase of cash! They will not have to worry that that they are wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller 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 be something for them to fret over. You have the ability to back your offer up.
We will help you with your pre-qualification
When we pre-qualify you, we help you determine how much of a monthly payment you can fit in your budget, and the size of loan you will qualify for. This process walks you through your finances - your debt, income, employment, down payment money, among other things. It's a quick, thorough process with minimal risks for papercuts.
One on one
While you can benefit from our mortgage calculators on our website, it's essential to sit down and talk with one of our mortgage professional team members. For one thing, you'll want a Pre-Qualification Letter! For another thing, we could be able to locate a different mortgage option that is a better fit for you. Let us help you get started: Call us at (407) 898-7559.
Have questions about pre-qualifying? Call us at (407) 898-7559. It's our job to answer pre-qualification questions, so we're happy to help!