The Importance of Pre-Qualification
Shopping for a mortgage loan? We'll be glad to answer your questions about our many mortgage solutions! Give us a call at 214-300-8756. Ready to get started? Apply Online Now.
It's important to visit with a mortgage loan pro early, even before you have decided the sort of home you hope to find. Why? If you don't yet know how much home you need to qualify for, how can we help?
We Can Help You Pre-Qualify
We will help you determine the loan amount you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. We achieve this by analyzing your debts and income, your work and housing circumstances, the available funds for a down payment, required reserves, and some other things. It's quick and basic; We take pride in keeping the paperwork to a minimum.
We will award you a Pre-Qualification Letter after you qualify, which documents that we are confident you'll qualify for up to a specific amount of mortgage dollars.
When you find the house that meets your needs, and you decide to put together an offer, being pre-qualified for a mortgage will do several things. The first is that you'll be sure what you'll be able to afford when calculating your offer.
Even more important to the seller of the home, your pre-qualification letter gives them certainty - as if you had arrived at their house with a big box of cash to back up the offer! They won't need to be concerned that they are wasting their time if you will not have the ability to qualify for a high 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 loan.Your qualifying for the necessary loan amount will not be something for them to worry about. You have the ability to back your offer up.
We can help you pre-qualify
Our mortgage professionals can help you find out the loan amount you can qualify for and the mortgage payment amount you can afford by helping you pre-qualify. This process walks you through your financial situation - your debts, income, employment, cash available for down payment, among other things. It's quick and basic; and we keep the paperwork to a minimum.
It is vital to sit down and meet with us, even though you are free to also use the helpful mortgage loan calculator tools on our website. For one thing, you will want a Pre-Qualification Letter! Then, we'll make sure we have chosen the best mortgage loan program for your situation. We are waiting to meet with you: call us at 214-300-8756.
Have questions about pre-qualifying? Call us at 214-300-8756. It's our job to answer pre-qualification questions, so we're happy to help!