The Importance of Pre-Qualifying

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It's valuable to consult with your mortgage professional early — even before you've started to consider neighborhoods. What for? It may be difficult to fathom how we can help even before you begin to talk about prices and negotiations.

We Can Help You Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly payment you can afford, and how much we of a loan you can qualify for. In this process, we calculate your borrowing potential - reviewing your earning status, available money for down payment, debt, income, and other areas. It's quick and basic; We take pride in keeping the paperwork to a minimum.

We'll award you a Pre-Qualification Letter after you qualify, that says that we're confident you'll qualify for up to a specific amount of mortgage dollars.

Power in the Pre-Qual

Once you find a house that catches your eye, and you decide to put together an offer, being pre-qualified for a mortgage loan will do several things. First of all, you have some concrete numbers in mind, as the amount you will be able to borrow. Even more important to the seller of the house, your pre-qualification gives them certainty - as if you had come to their house with a bag of cash to make the offer! They won't need to worry that that they are wasting their time if you can't have the ability to qualify for a high enough mortgage. The seller won't be concerned that he can't count on you to qualify for your loan.Your qualifying for the necessary loan amount will not cause them concern. They have a virtual guarantee to trust your ability to back up your offer.

We help with your pre-qualification

Our mortgage professionals can help you determine the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. This process outlines your current financial situation - your debts, income, career, cash available for down payment, among other things. It's short and basic; and we keep the paperwork to a minimum.

One-on-One

You can always use the mortgage calculators here on our website to get an idea of how much mortgage you'll be able to afford - but it's also important to talk with one of our mortgage professionals. For one thing, you'll want a Pre-Qualification Letter! Then, we'll make sure we have found the best mortgage program for you. Contact us at (203) 729-6681 to get started.

Have questions about pre-qualifying? Call us at (203) 729-6681. We answer pre-qualification questions every day.

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