Why it's Important to Pre-Qualify
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It's important to consult with your mortgage professional as soon as possible — even before you've started to consider neighborhoods. Why? Maybe it's difficult to understand the ways in which we can help even before you start to negotiate.
We Can Help You Pre-Qualify
When we pre-qualify you, we help you decide the amount in monthly payments you can fit in your budget, and the loan amount you can qualify for. We can achieve this by analyzing your income and debts, your work and housing circumstances, your available funds for down payment, required reserves, and some other things. We require a minimum amount of paperwork, with a quick process.
We award you a Pre-Qualification Letter if you qualify, that says that we are confident you'll qualify for up to a predetermined amount of mortgage loan dollars.
Armed with your pre-qualification letter, a number of advantages fall at your feet at the point you find the home you want to make an offer for. The first is that you can be sure the amount you can afford when calculating your offer.
Even more important to the seller, your pre-qualification status gives them certainty - as if you'd entered their home with a big box of cash to make the offer! They will not need to be concerned they are wasting their time if you do not be able to qualify for a high enough mortgage loan. The seller won't worry if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not be something for them to fret over. You can have the sway of a buyer ready to make the purchase on the spot!
We help with your pre-qualification
We can help you see how much of a mortgage you can afford, and the amount of money you can borrow, by taking you through the pre-qualification process. This process outlines your financial situation - your debt, income, employment, down payment money, among other things. We will ask for a minimum amount of paperwork, with a short, basic process.
Face to Face
You can always use the calculators here on this site to calculate the size mortgage you'll be able to afford - but it's also important to talk with us. We can work toward your pre-qualification letter. Then, we can make sure we have chosen the best mortgage program for you. Let us help you get started: Contact us at (941) 366-5800.
Have questions about pre-qualifying? Call us at (941) 366-5800. We answer pre-qualification questions every day.
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