Why it's Important to Pre-Qualify

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It can be valuable to visit with a mortgage professional early, even if you haven't decided the kind of home to look for. What for? How can we help before you have negotiated a purchase amount, and don't yet know how much you need to borrow?

We Can Help You Pre-Qualify

When we pre-qualify you, we help you figure out the amount in monthly payments you can afford, and how much we of a loan you will qualify for. During the process, we explore your borrowing power - analyzing your employment, available money for down payment, debts, income, and other circumstances. It's a short, thorough process with minimal risks for papercuts.

When you qualify, will give you what's called a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which documents the fact that we are helping you to find the best loan program to meet your needs and that we're confident you'll qualify for a loan for a certain amount.

Buying Power

With your pre-qualification letter, several advantages are yours at the point you locate the home you want to put together an offer for. First, you have some concrete numbers in mind, as the total you can borrow. Being pre-qualified also will make your offer look even better to the seller, as if you were bringing them a suitcase of cash! They will not have to worry that they are wasting their time if you don't have the ability to qualify for a high 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 your needed mortgage loan amount will not be something for them to lose sleep over. You can have the sway of a buyer ready to make the deal right now!

We will help you with your pre-qualification

We can help you calculate the loan amount you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. The process leads you through your current financial situation - your debts, income, employment, cash available for down payment, among other things. We as for a minimum amount of paperwork, with a short, basic process.

Face to Face

It is important for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage calculators on our site. We can walk you through your pre-qualification letter. For another thing, we could locate a different mortgage choice that fits your goals better. Let us get you started: Contact us at (256) 586-5626.

Have questions about pre-qualifying? Call us at (256) 586-5626. We answer pre-qualification questions every day.