Why it's Important to Pre-Qualify

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Even if you've not picked out homes to view yet, it's advantageous to see your mortgage professional early. Why? Maybe it is difficult to understand the way we could help even before you start to talk about prices and negotiations.

Pre-Qualify

We will help you see how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by taking you through the pre-qualification process. During the process, we explore your ability to borrow - reviewing your earning status, available money for down payment, debt, income, and other areas. It is a short, thorough process with minimal risks for papercuts.

After you are considered eligible, we will prove our confidence in your capacity to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Power in the Pre-Qual

Various beneifits open to you once you have found your new house, and have achieved pre-qualification. First, it helps you know how much you are able to offer. Being pre-qualified will also make your offer look even better to the home seller, like you were bringing them a suitcase of cash! They need not wonder if that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller of the home won't worry if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount will not be something for them to worry about. They have a virtual guarantee that they can trust your ability to back up your offer.

We will help you pre-qualify

When we pre-qualify you, we help you decide how much of a monthly payment you can fit in your budget, and the size of loan you can qualify for. During this process, we determine your borrowing power - analyzing your earning status, available money for down payment, debt, income, and other areas. It's quick and to the point; and we take pride in keeping the paperwork to a minimum.

Face to Face

It's important to sit down and meet with us, even though you are free to also use the helpful mortgage loan calculator tools on this site. We can begin getting your pre-qualification letter. Then, we can make sure we have the ideal mortgage loan program for your situation. We're waiting to hear from you: contact us at 952 417 8481.

Have questions about pre-qualifying? Call us at 952 417 8481. It's our job to answer pre-qualification questions, so we're happy to help!

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