Why it's Important to Pre-Qualify

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Even if you have not narrowed down homes to view yet, it's advantageous to visit with your mortgage loan professional early. What for? Perhaps it is difficult to understand the ways we can help even before you begin to calculate your offer.

We Will Help You Pre-Qualify

We can help you calculate how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. In this process, we explore your ability to borrow - reviewing your job, money available for down payment, debt, income, and other areas. We require a minimum amount of paperwork, with a quick process.

After you qualify, we give you a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), which states that we are working with you to find the ideal mortgage to meet your situation and that we are confident you'll qualify for a loan for a certain amount.

Buying Clout

After you find a house that meets your needs, and you decide to put together an offer, being pre-qualified for a mortgage will do several things. First, it lets you know how much you're able to offer. More important to the existing home owner, your being pre-qualified is like your having walked into their front door with a suitcase full of money to make the deal! They won't have to worry that that they are wasting their time if you do not have the ability to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount will not be something for them to worry about. They have a virtual guarantee to trust your buying power.

We will help you with your pre-qualification

We will help you calculate how much of a mortgage you can afford, and how much money you can borrow, by walking you through pre-qualifying. This process outlines your finances - your debt, income, career, down payment money, among other things. We as for a minimum amount of paperwork, and avoid a lengthy process.

One on one

It's vital for you to sit down and meet with us, even though you are welcome to also utilize the helpful mortgage loan calculators on our website. For one thing, you will need a Pre-Qualification Letter! Then, we will make sure we have the ideal mortgage loan program for your situation. Contact us at (800) 974-0509 to get started.

Have questions about pre-qualifying? Call us at (800) 974-0509. Savers Home Loans answers pre-qualifying questions every day.