Why Pre-Qualify?

	In the market for a new mortgage loan? We will be glad to help! Give us a call today at 5122916100. Ready to begin? Apply Now.

Even if you've not so much as picked out houses to visit yet, it is advantageous to contact your mortgage professional first. Why? What can we do for you if you haven't made your offer, and don't know yet how much you need to borrow?

Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly payment you can afford, and the size of loan you can qualify for. We can accomplish this by analyzing your income and debts, your employment and residence circumstances, the funds available for a down payment, required reserves, and some other things. It's short and basic; We keep the paperwork to a minimum.

After you are determined to be eligible, we prove our confidence in your capacity to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").

Power in the Pre-Qual

After you locate a house that meets your needs, and you decide to put together an offer, being pre-qualified for a loan will do a couple of things. First, it helps you know how much you are able to offer. Your pre-qualification also will make your offer more attractive to the seller, as if you were bringing them a suitcase of cash! They will not need to wonder if that they have been wasting their time if you can't be able to qualify for a big enough mortgage loan. The seller won't be concerned that he can't count on you to qualify for your loan.Your qualifying for your needed loan amount won't cause them concern. You'll have the clout of a buyer ready to make the purchase on the spot!

We will help you pre-qualify

We will help you calculate how much of a mortgage you can afford, and how much money you may be able to borrow, by taking you through pre-qualifying. We do this by considering your income and debts, your employment and housing situations, your available funds for down payment, required reserves, and other considerations. We will require a minimum amount of paperwork, and avoid a lengthy process.

One-on-One

You can certainly use the calculators here on this site to calculate how much mortgage you will be able to afford - but it's also essential to meet with us. That way, we'll help you get your pre-qualification letter. For another thing, we could find a different mortgage option that better fits your needs. Contact us at 5122916100 to get started.

Have questions about pre-qualifying? Call us at 5122916100. Southwest Funding #841
Company NMLS # 303440 answers pre-qualifying questions every day.