Why Pre-Qualification is Important

Even if you have not narrowed down homes to visit yet, it can be advantageous to contact your mortgage professional early. Why? When you do not know yet how much house you want to qualify for, what could we help you with?

We Will Help You Pre-Qualify

We can help you determine how much of a loan you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. We will accomplish this by considering your debts and income, your employment and housing circumstances, your available funds for a down payment, required reserves, and some other things. We will ask for a minimum amount of paperwork, with a short,basic process.

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

Power in the Pre-Qual

With your pre-qualification letter, some advantages are yours at the point you find the house you want to put together an offer for. The first is that you will know the amount you'll be able to afford when determining your offer. Of greater importance to the home seller, your being pre-qualified is like your having walked into their house with a suitcase full of money ready to make the deal! They need not wonder if they're wasting their time if you don't have the ability to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed loan amount won't be something for them to worry about. They have a virtual guarantee to trust your ability to back up your offer.

We can help you pre-qualify

We will help you calculate how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. We achieve this by reviewing your income and debts, your employment and residence situations, your available funds for down payment, required reserves, and some other things. We require a minimum amount of paperwork, with a short, basic process.

One on one

While you can benefit from our mortgage calculators on this site, it will be essential to sit down and talk with one of our mortgage professional team members. For one thing, you will need a Pre-Qualification Letter! For another thing, we may find a different mortgage loan option that fits your goals better. Let us help you get started: Contact us at 303-843-9171 x 14.

Have questions about pre-qualifying? Call us at 303-843-9171 x 14. We answer pre-qualification questions every day.