The Importance of Pre-Qualification

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It's valuable to consult your mortgage professional early — even before you have begun researching neighborhoods. What for? How can we help if you have not negotiated a purchase amount, and don't yet know how much you need to borrow?

Pre-Qualify

Our mortgage professionals can help you find out the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. We do this by considering your income and debts, your work and housing circumstances, the funds available for down payment, required reserves, and some other things. It's quick and basic; We keep the paperwork light.

Once you qualify, we give you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which documents the fact that we are partnering with you to find the best mortgage to meet your situation and that we are confident you will qualify for a mortgage for up to a specific amount.

Power in the Pre-Qual

Some beneifits open to you when you've found your next house, and have pre-qualification power. First, it lets you know how much you're able to offer. More important to the seller, your pre-qualification is like your having walked into their house with a bag full of money to make the deal! They need not be concerned they are wasting their time if you will not have the ability to qualify for a big enough mortgage loan. The seller won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for your needed loan amount won't cause them concern. You have the influence of a buyer ready to make the deal right now!

We will help you pre-qualify

We can help determine how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. We accomplish this by reviewing your debts and income, your employment and housing situations, the available funds for down payment, required reserves, and some other things. We as for a minimum amount of paperwork, and avoid a lengthy process.

One-on-One

It is important for you to sit down and talk with us, even though you are welcome to also utilize the helpful mortgage calculators on our site. We can walk you through your pre-qualification letter. Then, we will make sure we have the ideal mortgage loan program for you. We're eager to hear from you: call us at 803-779-3638.

Have questions about pre-qualifying? Call us at 803-779-3638. It's our job to answer pre-qualification questions, so we're happy to help!