The Importance of Pre-Qualifying
Are you looking for a mortgage? We will be glad to assist you! Call us at 407-583-6250. Ready to begin? Apply Now.
It is helpful to bring in your mortgage loan professional early — even before you've started to consider neighborhoods. Why? Perhaps it is hard to fathom how we can help even before you begin to negotiate.
Our mortgage professionals will 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. We can achieve this by reviewing your debts and income, your work and residence circumstances, the available funds for a down payment, required reserves, and other considerations. We ask for a minimum amount of paperwork, with a short,basic process.
We'll give you a Pre-Qualification Letter once you qualify, which says that we're confident you will qualify for a specific amount of mortgage dollars.
Some advantages open to you when you've found your dream house, and have achieved pre-qualification. First, it helps you know the amount that you're able to offer.
More important to the existing home owner, your pre-qualification is like your having entered their house with a bag full of cash ready to purchase their house! They will not have to be concerned they're wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller of the home won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount won't cause them concern. They have a virtual guarantee that they can trust your buying power.
We will help you pre-qualify
We can help you see how much of a mortgage you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. In the process, we determine your capacity to borrow - analyzing your employment, available money for down payment, existing debt, income, and other circumstances. It's a short, thorough process with minimal risks for papercuts.
Face to Face
You can always use the calculators here on our site to get an idea of how much mortgage you will be able to afford - but it's also valuable to meet with us. We can walk you through your pre-qualification letter. Next, we can consider your mortgage program options to make sure you have chosen the right one. Contact us at 407-583-6250 to get started.
Have questions about pre-qualifying? Call us at 407-583-6250. It's our job to answer pre-qualification questions, so we're happy to help!