The Importance of Pre-Qualification

Even if you haven't so much as picked out houses to view yet, it is important to see your mortgage pro early. Why? What can we do for you if you haven't negotiated a price, and don't yet know the amount you need to borrow?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you find out the amount in monthly mortgage payments you can fit in your budget, and the loan amount you can qualify for. We can accomplish this by considering your income and debts, your work and residence situations, your available funds for down payment, required reserves, and some other things. It's a short, thorough process with minimal risks for papercuts.

We give you a Pre-Qualification Letter after you qualify, that documents that we are confident you'll qualify for a predetermined amount of mortgage loan dollars.

Buying Power

A number of benefits open to you once you have found your dream house, and have pre-qualification power. First, it helps you know the amount that you're able to offer. More important to the current home owner, your pre-qualification is like your having walked into their house with a bag full of cash to purchase the home! They need not wonder if they are wasting their time if you do not be able to qualify for a big enough mortgage. The seller won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for your needed loan amount will not be something for them to be concerned about. You have the capability to back up your offer.

We help with your pre-qualification

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. In this process, we look at your borrowing potential - looking at your employment, available money for down payment, debt, income, and other areas. It's a short, thorough process with minimal risks for paper cuts.

One on one

You can certainly use the calculators available on this website to calculate how much mortgage you'll be able to afford - but it's also essential to talk with us first. For one thing, you will need a Pre-Qualification Letter! For another thing, we might locate a different mortgage choice that better fits your needs. Contact me at (303) 862-7760 to get started.