The Importance of Pre-Qualification

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It's important to consult with your mortgage professional as soon as possible — even before you have started to consider neighborhoods. Why? What can we do for you before you have made an offer, and do not know yet the amount you want to borrow?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly payment you can afford, and the loan amount you can qualify for. During this process, we calculate your borrowing capacity - analyzing your job, available money for down payment, debts, income, and other areas. It's a short, thorough process with minimal risks for papercuts.

Once you are considered eligible, we prove our confidence in your potential to qualify for a loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Buying Power

After you find the house that is best for you, and you want to make an offer, being pre-qualified for a mortgage will do several things. The first is that you can know what you'll be able to afford when putting together your offer. Of greater importance to the existing home owner, your pre-qualification is like your having walked into their house with a bag full of cash to make the deal! They will not need to wonder if they're wasting their time if you can't have the ability to qualify for a big enough mortgage. The seller won't worry if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary mortgage loan amount won't be something for them to be concerned about. You have the capability to back up your offer.

We will help you with your pre-qualification

We will help you calculate the loan amount you can qualify for and the mortgage payment amount you are able to afford by getting you pre-qualified. We will do this by considering your income and debts, your work and housing situations, the available funds for down payment, required reserves, and some other things. We require a minimum amount of paperwork, and avoid a lengthy process.

One on one

While you are able to try our mortgage calculators on this site, it is essential to sit down and talk with us. That way, we'll help you get your pre-qualification letter. Next, we can consider your mortgage choices and make sure you have selected the best one. Contact us at (941) 366-5800 to get started.

Have questions about pre-qualifying? Call us at (941) 366-5800. It's our job to answer pre-qualification questions, so we're happy to help!