The Importance of Pre-Qualifying

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It's valuable to consult your mortgage loan professional as soon as possible — even before you've started to research neighborhoods. What for? When you do not yet know how much home you need to qualify for, how can we help?

We Will Help You Pre-Qualify

We will help you calculate how much of a mortgage loan you can afford, and the amount of money you can borrow, by taking you through the pre-qualification process. During the process, we look at your ability to borrow - reviewing your employment, money available for down payment, debts, income, and other circumstances. It is a short, thorough process with minimal risks for papercuts.

We'll give you a Pre-Qualification Letter once you qualify, that states that we're confident you'll qualify for up to a certain amount of mortgage dollars.

Pre-Qual Power

After you locate a house that is ideal for you, and you want to make an offer, being pre-qualified for a mortgage loan will do several things. The first is that you can know the amount you'll be able to afford when determining your offer. Being pre-qualified will also make your offer more attractive to the home seller, like you were bringing them a suitcase of cash! They won't need to be concerned that they're wasting their time if you don't have the ability to qualify for a high enough mortgage. The seller won't be concerned that he won't be able to 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 that they can trust your ability to back up your offer.

We will help you pre-qualify

When we pre-qualify you, we help you decide the amount you can afford in mortgage payments you can fit in your budget, and the loan amount you will qualify for. This process walks you through your financial situation - your debt, income, career, down payment money, among other things. It's quick and basic; and we take pride in keeping the paperwork light.

Face to Face

You can certainly use the mortgage calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also essential to talk with us. We can work toward your pre-qualification letter. Next, we can review your mortgage program choices and make sure you are in the right one. Contact us at 732-643-0200 to get started.

Have questions about pre-qualifying? Call us at 732-643-0200. We answer pre-qualification questions every day.