Why it's Important to Pre-Qualify

Are you looking for a new mortgage loan? We'll be glad to discuss our mortgage offerings! Call us at (860) 658-7100. Want to get started? Apply Here.

It is helpful to bring in your mortgage professional early — even before you have begun narrowing down neighborhoods. What for? If you do not know yet how much home you need to qualify for, how can we help?

We Can Help You Pre-Qualify

We will help you see how much of a mortgage you can afford, and how much money you can borrow, by walking you through the pre-qualification process. This process outlines your finances - your debt, income, job, and cash available for down payment, among other things. It's short and to the point; We take pride in keeping the paperwork light.

When you qualify, will give you what's called a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which documents the fact that we are helping you to find the right mortgage loan to meet your financial needs and that we are confident you'll qualify for a mortgage loan up to a specific amount.

Power in the Pre-Qual

Several beneifits open to you when you find your new house, and have achieved pre-qualification. The first is that you'll know what you'll be able to afford when determining the offer. Your pre-qualification can also make your offer look even better to the seller, like you were bringing them a big box 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 high enough mortgage loan. The seller of the home won't be concerned that he can't count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the capability to back your offer up.

We will help you pre-qualify

Our mortgage professionals can help you find out how much of a loan you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. We do this by analyzing your debts and income, your work and residence situations, your funds available for a down payment, required reserves, and some other things. We will require a minimum amount of paperwork, and avoid a lengthy process.

One on one

It's vital to sit down and meet with us, even though you are free to also try the helpful mortgage loan calculator tools on this site. That way, we will help you get your pre-qualification letter. Next, we can review your loan options to make sure you are in the right one. We're waiting to meet with you: call us at (860) 658-7100.

Have questions about pre-qualifying? Call us at (860) 658-7100. It's our job to answer pre-qualification questions, so we're happy to help!

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