Why Pre-Qualification is Important
Shopping for a mortgage? We'd be thrilled to talk about our mortgage offerings! Call us at (786) 262-6486. Ready to get started? Apply Online Now.
Even if you haven't researched homes to visit yet, it's important to see your mortgage pro early. What for? If you do not yet know how much house you want to qualify for, how can we help?
Our mortgage professionals will help you calculate the loan amount you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. This process outlines your financial situation - your debt, income, job, and down payment money, among other things. It's a short, thorough process with minimal risks for papercuts.
Once you are considered eligible, we prove our confidence in your ability to qualify for a mortgage by giving you a Pre-Qualification Letter (also known as a "pre-qual").
Power in the Pre-Qual
Once you locate a house that catches your eye, and you want to make an offer, being pre-qualified for a loan will do a couple of things. First, it lets you know how much you can offer.
Even more important to the existing owner, your pre-qualification gives them confidence - as if you had entered their house with a big box of cash to back up the offer! They will not have to wonder if that they are wasting their time if you won't be able to be able to qualify for a high enough mortgage. The seller of the home won't worry if he can count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to lose sleep over. You can have the clout of a buyer ready to make the deal on the spot!
We will help you with your pre-qualification
We will help you calculate how much of a loan you can qualify for and the mortgage payment amount you can afford by helping you pre-qualify. The process takes you through your financial situation - your debt, income, employment, down payment money, among other things. It's quick and to the point; and we take pride in keeping the paperwork to a minimum.
You can always use the calculators available on this website to calculate the size mortgage you will be able to afford - but it's also essential to talk with us. For one thing, you will need a Pre-Qualification Letter! Next, we can study your mortgage program choices and make sure you have found the best one. Let us help you get started: Call us at (786) 262-6486.
Have questions about pre-qualifying? Call us at (786) 262-6486. It's our job to answer pre-qualification questions, so we're happy to help!