Why Pre-Qualification is Important

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It is helpful to consult your mortgage professional as soon as possible — even before you've begun researching neighborhoods. What for? When you don't yet know how much house you need to qualify for, what can we help you with?


When we pre-qualify you, we help you find out the amount in mortgage payments you can fit in your budget, and the loan amount you can qualify for. We accomplish this by considering your debts and income, your employment and housing circumstances, the available funds for down payment, required reserves, and some other things. It's short and basic; We keep the paperwork to a minimum.

We'll give you a Pre-Qualification Letter once you qualify, that states that we are confident you'll qualify for up to a specific amount of mortgage dollars.

Power in the Pre-Qual

Some beneifits open to you after you find your dream house, and have achieved pre-qualification. First, you have some general numbers in mind, as the amount you will be able to borrow. Even more important to the existing owner, your pre-qualification gives them certainty - as if you had entered their house with a big box of cash to back up the offer! They won't need to wonder if that they're wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller 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 fret over. You can have the clout of a buyer ready to make the purchase right now!

We can help you pre-qualify

We can help you see how much of a mortgage you can afford, and the amount of money you can borrow, by taking you through pre-qualifying. This process takes you through your financial situation - your debt, income, employment, cash available for down payment, among other things. It's quick and to the point; and we keep the paperwork light.


It is vital for you to sit down and meet with us, even though you are welcome to also use the helpful mortgage calculator tools on our site. For one thing, you will want a Pre-Qualification Letter! Next, we can study your mortgage program options and be sure you have selected the right one. Let us help you get started: Contact us at 214-300-8756.

Have questions about pre-qualifying? Call us at 214-300-8756. F&T Mortgage, Inc. NMLS # 168839 (www.nmlsconsumeraccess.org) answers pre-qualifying questions every day.