It is important to see a mortgage professional first, even before you’ve determined what type of home you hope to find. Why? What can we do for you before you have negotiated a purchase amount, and don’t yet know the amount you need to borrow?
We Can Help You Pre-Qualify
We will help you calculate how much of a mortgage loan you can afford, and how much money you will be able to borrow, by taking you through pre-qualifying. The process leads you through your current financial situation – your debts, income, job, and down payment money, among other things. It’s a quick, thorough process with minimal risks for papercuts.
After you qualify, will present to you what’s called a Pre-Qualification Letter (your real estate agent might call it a “pre-qual”), that documents the fact that we are working with you to find the right loan to fit your needs and that we’re confident you’ll qualify for a mortgage for a specific amount.
Armed with your pre-qualification letter, a number of advantages fall at your feet when you find the home you want to make an offer on. First, it helps you know how much you’re able to offer. Of greater importance to the existing home owner, your being pre-qualified is like your having walked into their house with a suitcase full of money to purchase the house! They won’t have to worry that they are wasting their time if you will not be able to qualify for a big enough mortgage. The seller won’t wonder if he can trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not cause them concern. They have a virtual guarantee to trust your buying power.
We help with your pre-qualification
We will help you calculate how much of a loan you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. The process outlines your financial situation – your debts, income, career, cash available for down payment, among other things. It’s short and to the point; and we take pride in keeping the paperwork light.
Our relationship with US Financial, a Division of American Pacific Mortgage Corporation, provides you with opportunities to access various home financing products and programs to fit your specific needs. Whether your purchasing or refinancing for debt consolidation or home improvement, our onsite Business Development Representatives are ready to assist you.
We’re waiting to hear from you: contact us at (559) 661-1015.