The Importance of Pre-Qualification

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It's important to see a mortgage loan pro first, even before you have determined the sort of home to search for. Why? It may be difficult to understand how we could help even before you start to negotiate.

We Will Help You Pre-Qualify

We will help you find out how much of a loan you can qualify for and the mortgage payment amount you are able to afford by helping you pre-qualify. We achieve this by considering your income and debts, your employment and housing circumstances, the available funds for a down payment, required reserves, and some other things. It's short and to the point; We keep the paperwork light.

When you qualify, will present to you what's called a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which says that we are partnering with you to find the ideal mortgage loan to fit your situation and that we're confident you will qualify for a mortgage loan for up to a certain amount.

Pre-Qual Power

With your pre-qualification letter, some advantages fall at your feet once you find the home you want to make an offer on. First, it lets you know how much you can offer. Being pre-qualified will also make your offer more attractive to the seller, as if you were bringing them a suitcase of cash! They will not need to wonder if 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 won't be able to count on you to qualify for your loan.Your qualifying for the necessary loan amount will not cause them concern. You have the sway of a buyer ready to make the purchase right now!

We will help you with your pre-qualification

We can help determine how much of a mortgage loan you can afford, and the amount of money you can borrow, by taking you through the pre-qualification process. The process leads you through your current financial situation - your debts, income, employment, cash available for down payment, among other things. We require a minimum amount of paperwork, and avoid a lengthy process.

Face to Face

You can certainly use the calculators on this website to calculate the size mortgage you will be able to afford - but it's also valuable to talk with one of our mortgage professionals. We can walk you through your pre-qualification letter. Next, we can review your loan choices and make sure you have chosen the best one. We are eager to meet with you: contact us at (941) 366-5800.

Have questions about pre-qualifying? Call us at (941) 366-5800. We answer pre-qualification questions every day.