When to Talk to Your Mortgage Pro About Pre-Qualifying
In the market for a new mortgage? We'll be glad to discuss our mortgage offerings! Give us a call today at 405-513-7700. Want to get started? Apply Online Now.
It's important to bring in your mortgage loan professional early — even before you've started to research neighborhoods. Why? How can we help if you have not made an offer, and don't know yet how much you need to borrow?
We Can Help You Pre-Qualify
We will help you calculate how much of a mortgage you can afford, and the amount of money you will be able to borrow, by walking you through the pre-qualification process. In this process, we determine your ability to borrow - looking at your earning status, available money for down payment, debts, income, and other areas. It's quick and to the point; We keep the paperwork light.
When you are considered eligible, we will prove our confidence in your capacity to qualify for a mortgage loan by awarding you a Pre-Qualification Letter (also known as a "pre-qual").
A number of beneifits open to you when you have found your next house, and have pre-qualification. First of all, you have some general numbers in mind, as the total you will qualify for on your loan.
Of greater importance to the seller, your being pre-qualified is like your having walked into their front door with a bag full of cash ready to purchase their home! They will not need to be concerned that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed loan amount won't be something for them to worry about. They have a virtual guarantee that they can trust your buying power.
We can help you pre-qualify
We will help you determine how much of a loan you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. During this process, we explore your capacity to borrow - looking at your earning status, available money for down payment, debts, income, and other areas. It's quick and basic; and we keep the paperwork light.
One on one
It's important to sit down and talk with us, even though you are welcome to also utilize the helpful mortgage loan calculators on our site. For one thing, you'll want a Pre-Qualification Letter! For another thing, we might locate a different mortgage option that fits your needs better. Let us help you get started: Call us at 405-513-7700.
Have questions about pre-qualifying? Call us at 405-513-7700. We answer pre-qualification questions every day.