Why it's Important to Pre-Qualify
Are you looking for a mortgage loan? We'd be thrilled to discuss our many mortgage solutions! Give us a call today at (512) 291-6100. Ready to begin? Apply Now.
Even if you have not researched homes to view yet, it's advantageous to see your mortgage pro early. Why? How can we help you if you have not negotiated an amount, and do not know yet how much you want to borrow?
We Can Help You Pre-Qualify
We can help you see how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by walking you through the pre-qualification process. We will accomplish this by analyzing your income and debts, your work and residence situations, the available funds for down payment, required reserves, and some other things. We will ask for a minimum amount of paperwork, with a quick process.
After you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which documents the fact that we are helping you to find the right loan program to fit your financial needs and that we're confident you'll qualify for a mortgage loan for up to a certain amount.
Power in the Pre-Qual
When you find the house that is right for you, and you want to put together an offer, being pre-qualified for a mortgage loan will do several things. The first is that you'll be sure what you will be able to afford when determining the offer.
Even more important to the seller of the home, your pre-qualification gives them confidence - as if you'd come into their home with a suitcase of cash to make the offer! They won't need to worry that they are wasting their time if you can't have the ability to qualify for a big enough mortgage. The seller 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 won't cause them concern. They have a virtual guarantee to trust your ability to back up your offer.
We help with your pre-qualification
We will help you find out how much of a loan you can qualify for and the mortgage payment amount you are able to afford by getting you pre-qualified. We accomplish this by reviewing your income and debts, your work and residence circumstances, the available funds for down payment, required reserves, and some other things. We as for a minimum amount of paperwork, with a short, basic process.
Face to Face
While you can try our mortgage calculators on our site, it's essential to meet with one of our mortgage professional team members. For one thing, you will want a Pre-Qualification Letter! Next, we can review your mortgage choices to make sure you are in the right one. Let us help you get started: Contact us at (512) 291-6100.
Have questions about pre-qualifying? Call us at (512) 291-6100. It's our job to answer pre-qualification questions, so we're happy to help!