Why it's Important to Pre-Qualify

Are you looking for a mortgage? We'd be thrilled to discuss your mortgage needs! Give us a call today at (860) 658-7100. Ready to get started? Apply Now.

Even if you have not narrowed down houses to visit yet, it's important to see your mortgage loan professional early. What for? Maybe it's difficult to understand the ways we could help even before you start to talk about prices and negotiations.


We can help you calculate how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by taking you through pre-qualifying. This process walks you through your current financial situation - your debt, income, job, and cash available for down payment, among other things. We ask for a minimum amount of paperwork, and avoid a lengthy process.

When you qualify, will give you what's called a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), that states that we are helping you to find the best mortgage loan program to fit your situation and that we are confident you will qualify for a mortgage for up to a specific amount.

Buying Clout

With your pre-qualification letter, several advantages fall at your feet when you find the home you want to put together an offer on. First, it helps you know how much you're able to offer. Of greater importance to the home seller, your pre-qualification is like your having entered their front door with a bag full of cash ready to make the deal! They won't have to wonder if they have been wasting their time if you don't have the ability to qualify for a big enough mortgage loan. The seller of the home won't wonder if he can count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not be something for them to worry about. You have the ability 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 monthly payment amount you can afford by getting you pre-qualified. The process takes you through your finances - your debt, income, employment, down payment money, among other things. It's short and to the point; and we take pride in keeping the paperwork to a minimum.


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 important to meet with one of our mortgage professionals. For one thing, you will want a Pre-Qualification Letter! Next, we can review your mortgage loan options and be sure you are in the right one. Let us get you started: Contact 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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