Shopping for a mortgage? We'll be glad to talk about our many mortgage solutions! Give us a call at (512) 291-6100. Ready to begin? Apply Now.
Even if you have not so much as narrowed down homes to view yet, it's valuable to see your mortgage loan professional early. What for? Perhaps it is difficult to understand the ways in which we can help even before you begin to talk about prices and negotiations.
We Will Help You Pre-Qualify
When we pre-qualify you, we help you find out the amount in monthly payments you can afford, and the loan amount you can qualify for. This process leads you through your finances - your debts, income, career, and down payment money, among other things. It's a quick, thorough process with minimal risks for papercuts.
After you are determined to be eligible, we document our confidence in your capacity to qualify for a mortgage by giving you a Pre-Qualification Letter (also known as a "pre-qual").
When you find a house that meets your needs, and you decide to make an offer, being pre-qualified for a loan will do several things. First, you have some definite numbers in mind, as the amount you will qualify for with your loan.
Even more important to the seller of the home, your pre-qualification status gives them certainty - as if you'd arrived at their home with a bag of cash to back up the offer! They need not worry that they are wasting their time if you don't be able to qualify for a big enough mortgage. The seller of the home won't worry if he can trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't be something for them to be concerned about. You can have the clout of a buyer ready to make the deal right now!
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 how much we of a loan you will qualify for. This process outlines your financial situation - your debts, income, employment, cash available for down payment, among other things. It's quick and to the point; and we take pride in keeping the paperwork to a minimum.
One on one
You can certainly use the mortgage calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also valuable to meet with us. We can walk you through your pre-qualification letter. Then, we can make sure we have the right mortgage loan program for you. Let us get you started: Contact us at (512) 291-6100.
Have questions about pre-qualifying? Call us at (512) 291-6100. We answer pre-qualification questions every day.