When to Speak to a Mortgage Professional About Pre-Qualification

	Looking for a loan? We can help! Give us a call today at 4078987559. Ready to get started? Apply Now.

It is valuable to bring in your mortgage loan professional early — even before you've begun narrowing down neighborhoods. What for? What can we do for you before you have negotiated an amount, and don't yet know the amount you need to borrow?

Pre-Qualify

Our mortgage professionals can help you determine how much of a loan you can qualify for and the mortgage payment amount you can afford by helping you pre-qualify. We can do this by considering your income and debts, your employment and residence circumstances, your available funds for a down payment, required reserves, and other financial considerations. It's short and to the point; We take pride in keeping the paperwork to a minimum.

After you are considered eligible, we prove our confidence in your potential to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Buying Clout

Various advantages open to you after you've found your new house, and have pre-qualification. The first is that you can know what you'll be able to afford when putting together your offer. Of greater importance to the existing home owner, your pre-qualification is like your having walked into their house with a suitcase full of money to purchase their house! They will not need to wonder if they're wasting their time if you can't have the ability to qualify for a big enough mortgage. The seller won't wonder if he can trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not be something for them to worry about. They have a virtual guarantee that they can trust your buying power.

We will help you with your pre-qualification

We can help you calculate how much of a mortgage loan you can afford, and how much money you will be able to borrow, by walking you through the pre-qualification process. We can achieve this by reviewing your debts and income, your work and housing circumstances, your funds available for a down payment, required reserves, and other financial considerations. It's quick and basic; and we keep the paperwork light.

One on one

It's important to sit down and talk with us, even though you are welcome to also utilize the helpful mortgage loan calculators on this site. We can work toward your pre-qualification letter. Then, we'll make sure we have the right mortgage program for you. We're eager to hear from you: call us at 4078987559.

Have questions about pre-qualifying? Call us at 4078987559. America's Money Source answers pre-qualifying questions every day.