When to Talk to Your Mortgage Pro
Shopping for a mortgage? We'll be glad to talk about our many mortgage solutions! Call us at (281) 778-0805. Ready to begin? Apply Online Now.
It is important to visit with a mortgage professional early, even before you have decided what type of home to search for. Why? How can we help you before you have negotiated a price, and do not yet know how much you want to borrow?
We will help you see how much of a mortgage you can afford, and the amount of money you may be able to borrow, by walking you through the pre-qualification process. We will accomplish this by reviewing your debts and income, your employment and residence situations, your available funds for down payment, required reserves, and other financial considerations. It's short and basic; We take pride in keeping the paperwork to a minimum.
After you are considered eligible, we document our confidence in your capacity to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").
Holding your pre-qualification letter, some advantages fall at your feet once you find the home you want to put together an offer for. First of all, you have some concrete numbers in mind, as the amount you will qualify for on your loan.
Even more important to the existing owner, your pre-qualification letter gives them confidence - as if you'd arrived at their house with a big box of cash to make the offer! They need not wonder if they're wasting their time if you don't have the ability to qualify for a big enough mortgage. The seller of the home won't worry if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount won't be something for them to lose sleep over. You will have the clout of a buyer ready to make the purchase right now!
We will help you pre-qualify
When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can fit in your budget, and how much we of a loan you will qualify for. During the process, we explore your capacity to borrow - looking at your job, available money for down payment, debts, income, and other circumstances. It's short and basic; and we keep the paperwork light.
While you are encouraged to try our mortgage calculators on this site, it will be essential to meet with us. For one thing, you will need a Pre-Qualification Letter! Then, we will make sure we have the ideal mortgage program for you. We're waiting to hear from you: contact us at (281) 778-0805.
Have questions about pre-qualifying? Call us at (281) 778-0805. It's our job to answer pre-qualification questions, so we're happy to help!