When to Speak to Your Mortgage Professional
Looking for a loan? We will be glad to assist you! Call us at (281) 778-0805. Want to get started? Apply Here.
It is important to visit with a mortgage professional first, even if you haven't decided the kind of house you hope to find. Why? Maybe it is difficult to fathom the ways in which we could help even before you start to calculate your offer.
We Will Help You Pre-Qualify
Our mortgage professionals will help you find out the loan amount you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. This process outlines your current financial situation - your debt, income, job, and down payment money, among other things. We ask for a minimum amount of paperwork, with a quick process.
We will give you a Pre-Qualification Letter when you qualify, which says that we are confident you'll qualify for up to a predetermined amount of mortgage dollars.
With your pre-qualification letter, some advantages are yours once you locate the home you want to put together an offer on. The first is that you will know what you'll be able to afford when calculating the offer.
Even more important to the seller of the house, your pre-qualification gives them certainty - as if you had come to their house with a big box of cash to back up the offer! They will not need to worry that they're wasting their time if you won't be able to have the ability to qualify for a high enough mortgage loan. The seller won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary loan amount will not be something for them to fret over. You have the ability to back your offer up.
We help with your pre-qualification
When we pre-qualify you, we help you determine the amount you can afford in monthly mortgage payments you can fit in your budget, and the size of loan you will qualify for. The process walks you through your current financial situation - your debt, income, job, down payment money, among other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
Face to Face
While you are encouraged to try our mortgage calculators on our website, it will be a good idea to meet with one of our mortgage professional team members. That way, we'll be able to help you get your pre-qualification letter. Next, we can consider your mortgage options to make sure you are in the best one. Contact us at (281) 778-0805 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at (281) 778-0805. 1st Credential Mortgage Inc answers pre-qualifying questions every day.