When to Talk to Your Mortgage Professional
Are you looking for a new mortgage? We can assist you! Give us a call today at (941) 366-5800. Ready to get started? Apply Online Now.
Even if you've not so much as narrowed down houses to visit yet, it's important to see your mortgage loan professional first. What for? If you do not know yet how much house you need to qualify for, how could we help?
We Can Help You Pre-Qualify
We will help you calculate how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. The process takes you through your financial situation - your debt, income, employment, and cash available for down payment, among other things. It's short and basic; We keep the paperwork to a minimum.
Once you are determined to be eligible, we will prove our confidence in your ability to qualify for a loan by awarding you a Pre-Qualification Letter (also known as a "pre-qual").
After you find a house that catches your eye, and you want to put together an offer, being pre-qualified for a loan will do a couple of things. First, you have some general numbers in mind, as the total you will qualify for on your mortgage.
Even more important to the seller, your pre-qualification gives them certainty - as if you'd entered their house with a big box of cash to make the offer! They need not wonder if that they have been wasting their time if you don't have the ability to qualify for a big enough mortgage. The seller of the home won't wonder if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount will not cause them concern. They have a virtual guarantee to trust your buying power.
We will help you pre-qualify
When we pre-qualify you, we help you figure out how much of a monthly mortgage payment you can fit in your budget, and the size of loan you can qualify for. We will achieve this by analyzing your debts and income, your employment and housing situations, your funds available for down payment, required reserves, and other considerations. It's a quick, thorough process with minimal risks for papercuts.
One on one
It is vital to sit down and meet with us, even though you are free to also try the helpful mortgage calculator tools on this website. That way, we can help you get your pre-qualification letter. Next, we can consider your mortgage options to be sure you have chosen the best one. Contact us at (941) 366-5800 to get started.
Have questions about pre-qualifying? Call us at (941) 366-5800. It's our job to answer pre-qualification questions, so we're happy to help!
Got a Question?
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.