The Importance of Pre-Qualification

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Even if you have not so much as researched homes to visit yet, it's important to see your mortgage professional first. Why? How can we help before you have made an offer, and do not yet know how much you need to borrow?

We Can Help You Pre-Qualify

Our mortgage professionals will help you find out the loan amount you can qualify for and the monthly mortgage payment amount you can afford by getting you pre-qualified. This process takes you through your finances - your debt, income, job, and cash available for down payment, among other things. It is a quick, thorough process with minimal risks for papercuts.

Once you qualify, will give you what's called a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), that says that we are helping you to find the right mortgage to fit your needs and that we are confident you'll qualify for a mortgage loan up to a specific amount.

Pre-Qualification Power

Armed with your pre-qualification letter, a number of advantages fall at your feet when you find the house you want to put together an offer on. The first is that you can know the amount you'll be able to afford when putting together the offer. Even more important to the seller of the house, your pre-qualification gives them certainty - as if you had come to their home with a suitcase of cash to back up the offer! They need not worry that they are wasting their time if you won't be able to be able to qualify for a high enough mortgage. The seller of the home won't be concerned that he can't count on you to qualify for your loan.Your qualifying for the necessary loan amount won't cause them concern. You have the ability to back your offer up.

We will help you with your pre-qualification

When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and the size of loan you can qualify for. This process walks you through your financial situation - your debts, income, job, cash available for down payment, among other things. It's short and basic; and we take pride in keeping the paperwork light.

Face to Face

It is important to sit down and meet with us, even though you are free to also use the helpful mortgage calculators on our site. For one thing, you will need a Pre-Qualification Letter! For another thing, we might be able to find a different mortgage loan option that fits your situation better. Contact us at 405-513-7700 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at 405-513-7700. Price Mortgage Group LLC answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
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Tell us about your credit history.