When to Talk to a Mortgage Pro About Pre-Qualifying
Shopping for a mortgage? We'll be glad to discuss our mortgage offerings! Give us a call today at (773) 774-9040 Ext 121. Ready to get started? Apply Now.
It is helpful to see a mortgage professional first, even if you haven't decided what sort of house you hope to find. Why? What can we do for you before you have negotiated a purchase amount, and don't know yet how much you want to borrow?
We will help you calculate how much of a mortgage you can afford, and the amount of money you will be able to borrow, by walking you through pre-qualifying. The process outlines your financial situation - your debt, income, employment, and down payment money, among other things. It's quick and to the point; We take pride in keeping the paperwork to a minimum.
We will give you a Pre-Qualification Letter if you qualify, that documents that we are confident you'll qualify for a predetermined amount of mortgage loan dollars.
Power in the Pre-Qual
A number of advantages open to you after you find your new house, and have pre-qualification. First, it lets you know how much you can offer.
More important to the seller, your being pre-qualified is like your having entered their front door with a bag full of money to make the deal! They won't need to be concerned that they are wasting their time if you don't be able to qualify for a high enough mortgage. The seller of the home won't be concerned that he can't count on you to qualify for your loan.Your qualifying for the necessary loan amount won't cause them concern. You have the clout of a buyer ready to make the purchase on the spot!
We will help you with your pre-qualification
We will help determine how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by walking you through pre-qualifying. This process outlines your financial situation - your debts, income, career, down payment money, among other things. It's short and basic; and we keep the paperwork light.
Face to Face
While you are able to try our mortgage calculators on this website, it is essential to meet with us. That way, we'll help you get your pre-qualification letter. For another thing, we might locate a different mortgage loan option that is a better fit for you. Let us get you started: 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.