Why Pre-Qualification is Important

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It's helpful to consult with your mortgage professional early — even before you have started to research neighborhoods. What for? If you do not yet know how much house you need to qualify for, what can we do for you?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you figure out the amount in monthly mortgage payments you can afford, and the loan amount you will qualify for. We can achieve this by reviewing your income and debts, your employment and housing circumstances, the funds available for down payment, required reserves, and other considerations. It's quick and to the point; We take pride in keeping the paperwork light.

When you are determined to be eligible, we document our confidence in your ability to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Buying Clout

Armed with your pre-qualification letter, a number of advantages are yours at the point you find the home you want to make an offer for. First, you have some general numbers in mind, as the amount you will qualify for on your loan. Even more important to the existing owner, your pre-qualification gives them certainty - as if you'd come into their house with a big box of cash to make the offer! They won't need to worry that that they're wasting their time if you do not be able to qualify for a big enough mortgage. The seller won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to be concerned about. They have a virtual guarantee that they can trust your ability to back up your offer.

We will help you pre-qualify

When we pre-qualify you, we help you figure out the amount you can afford in monthly mortgage payments you can fit in your budget, and the size of loan you can qualify for. The process outlines your finances - your debts, income, employment, down payment money, among other things. It's quick and to the point; and we keep the paperwork to a minimum.

One on one

It's important to sit down and meet with us, even though you are welcome to also utilize the helpful mortgage calculator tools on our site. We can walk you through your pre-qualification letter. Then, we'll make sure we have chosen the right mortgage program for your situation. Contact us at (281) 778-0805 to get started.

Have questions about pre-qualifying? Call us at (281) 778-0805. We answer pre-qualification questions every day.

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