Why Pre-Qualify?

It's important to see a mortgage loan pro first, even before you have determined what sort of house to look for. Why? Maybe it's difficult to understand how we can help even before you begin to talk about prices and negotiations.

We Will Help You Pre-Qualify

We will help determine how much of a mortgage you can afford, and how much money you can borrow, by walking you through the pre-qualification process. During this process, we explore your ability to borrow - looking at your employment, money available for down payment, debts, income, and other circumstances. We ask for a minimum amount of paperwork, and avoid a lengthy process. After you are determined to be eligible, we prove our confidence in your potential to qualify for a mortgage by awarding you a Pre-Qualification Letter (also known as a "pre-qual").

Buying Power

Armed with your pre-qualification letter, some advantages fall at your feet when you find the house you want to put together an offer on. The first is that you can be sure what you'll be able to afford when determining the offer. More important to the home seller, your being pre-qualified is like your having walked into their house with a suitcase full of cash ready to make the deal! They won't need to be concerned they have been wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not cause them concern. You have the ability to back up your offer.

We can help you pre-qualify

We can help determine how much of a mortgage loan you can afford, and how much money you will be able to borrow, by taking you through the pre-qualification process. We achieve this by analyzing your income and debts, your work and housing situations, the available funds for down payment, required reserves, and some other things. It's short and basic; and we keep the paperwork to a minimum.

Face to Face

While you can benefit from our tools to calculate mortgage variables on this website, it will be essential to sit down and talk with one of our mortgage professional team members. That way, we will help you get your pre-qualification letter. For another thing, we could find a different mortgage option that fits your situation better. Let us help you get started: Call us at (408) 293-7878.