Why it's Important to Pre-Qualify

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Even if you have not so much as narrowed down homes to view yet, it can be advantageous to see your mortgage pro early. Why? It may be hard to fathom how we could help even before you begin to calculate your offer.

We Can Help You Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly mortgage payment you can fit in your budget, and the size of loan you can qualify for. We achieve this by reviewing your income and debts, your work and residence situations, your funds available for down payment, required reserves, and some other things. We require a minimum amount of paperwork, and avoid a lengthy process.

When you qualify, will present to you what's called a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which says that we are helping you to find the ideal loan program to fit your needs and that we're confident you'll qualify for a loan for up to a specific amount.

Pre-Qualification Power

A number of beneifits open to you once you have found your next house, and have achieved pre-qualification. The first is that you can be sure the amount you can afford when putting together the offer. Being pre-qualified also will make your offer more attractive to the home seller, as if you were bringing them a bag full of cash! They will not need to worry that they are wasting their time if you can't have the ability to qualify for a big enough mortgage loan. The seller won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't cause them concern. They have a virtual guarantee to trust your ability to back up your offer.

We will help you with your pre-qualification

We can help you find out how much of a loan you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. The process outlines your finances - your debt, income, career, down payment money, among other things. It's quick and to the point; and we keep the paperwork light.

Face to Face

While you are able to benefit from our tools to calculate mortgage variables on our site, it's a good idea to meet with one of our mortgage professional team members. That way, we'll be able to help you get your pre-qualification letter. Then, we can make sure we have the best mortgage program for your situation. We are waiting to meet with you: call us at (860) 658-7100.

Have questions about pre-qualifying? Call us at (860) 658-7100. We answer pre-qualification questions every day.

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