When to Speak to a Mortgage Pro About Pre-Qualification

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It's important to consult with your mortgage professional early — even before you have started to research neighborhoods. What for? When you don't know yet how much house you need to qualify for, what can we help you with?

Pre-Qualify

We will help you find out the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by getting you pre-qualified. In the process, we explore your borrowing potential - reviewing your earning status, available money for down payment, debt, income, and other areas. It's quick and to the point; We keep the paperwork to a minimum.

We'll award you a Pre-Qualification Letter after you qualify, that documents that we're confident you can qualify for up to a predetermined amount of mortgage loan dollars.

Buying Clout

Holding your pre-qualification letter, a number of advantages are yours when you find the home you want to make an offer for. First, it lets you know the amount that you're able to offer. More important to the seller, your being pre-qualified is like your having entered their house with a suitcase full of money ready to purchase their home! They will not need to be concerned they have been wasting their time if you can't be able to qualify for a big enough mortgage loan. The seller of the home won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not be something for them to fret over. They have a virtual guarantee that they can trust your buying power.

We will help you pre-qualify

We will help you calculate how much of a mortgage loan you can afford, and how much money you may be able to borrow, by walking you through pre-qualifying. During this process, we look at your borrowing power - analyzing your earning status, available money for down payment, debts, income, and other circumstances. We will require a minimum amount of paperwork, and avoid a lengthy process.

One on one

You can certainly use the calculators available on this website to calculate the size mortgage you'll be able to afford - but it's also essential to talk with us. For one thing, you'll want a Pre-Qualification Letter! Next, we can study your mortgage choices and be sure you have found the best one. We're waiting to hear from you: contact us at (773) 774-9040 Ext 121.

Have questions about pre-qualifying? Call us at (773) 774-9040 Ext 121. We answer pre-qualification questions every day.

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