Why Pre-Qualification is Important

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It is important to visit with a mortgage professional early, even if you haven't settled on the sort of house you hope to find. Why? What can we do for you before you have negotiated a price, and don't know yet how much you need to borrow?


When we pre-qualify you, we help you determine the amount in monthly payments you can fit in your budget, and the size of loan you can qualify for. We will achieve this by analyzing your debts and income, your employment and housing situations, your funds available for down payment, required reserves, and other financial considerations. We ask for a minimum amount of paperwork, with a quick process.

When you qualify, we present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which states that we are helping you to find the ideal loan program to meet your situation and that we are confident you will qualify for a mortgage for a certain amount.

Pre-Qualification Power

When you locate the house that is ideal for you, and you decide to make an offer, being pre-qualified for a loan will do a couple of things. First, you have some definite numbers in mind, as the total you can borrow. Being pre-qualified also will make your offer more attractive to the home seller, like you were bringing them a suitcase of cash! They need not wonder if that they are wasting their time if you won't be able to have the ability to qualify for a high enough mortgage loan. The seller of the home won't wonder if he can trust you to qualify for your loan.Your qualifying for your needed loan amount won't be something for them to fret over. You have the influence of a buyer ready to make the deal on the spot!

We will help you pre-qualify

We will help you calculate how much of a mortgage you can afford, and how much money you can borrow, by walking you through the pre-qualification process. During this process, we calculate your ability to borrow - looking at your employment, available money for down payment, debts, income, and other areas. It's a quick, thorough process with minimal risks for papercuts.

One on one

While you are encouraged to try our tools to calculate mortgage variables on this site, 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. For another thing, we may locate a different mortgage choice that better fits your needs. We're waiting to meet with you: call us at (800) 974-0509.

Have questions about pre-qualifying? Call us at (800) 974-0509. We answer pre-qualification questions every day.