Why it's Important to Pre-Qualify

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It is helpful to consult your mortgage loan professional early — even before you've started to consider neighborhoods. Why? If you don't yet know how much home you need to qualify for, how can we help?

Pre-Qualify

When we pre-qualify you, we help you determine the amount in monthly payments you can afford, and the loan amount you will qualify for. During the process, we explore your borrowing potential - reviewing your employment, available money for down payment, existing debt, income, and other areas. It's short and basic; We keep the paperwork light.

After you are considered eligible, we will prove our confidence in your potential to qualify for a loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Pre-Qual Power

Holding your pre-qualification letter, several advantages are yours when you locate the house you want to put together an offer on. The first is that you can know the amount you can afford when calculating your offer. Your pre-qualification will also make your offer look even better to the home seller, like you were bringing them a big box of cash! They will not need to be concerned they are wasting their time if you can't have the ability to qualify for a high enough mortgage loan. The seller of the home won't wonder if he can trust you to qualify for your loan.Your qualifying for your needed loan amount will not cause them concern. You have the capability to back your offer up.

We help with your pre-qualification

When we pre-qualify you, we help you determine how much of a monthly payment you can fit in your budget, and the loan amount you will qualify for. During this process, we explore your ability to borrow - analyzing your earning status, available money for down payment, debt, income, and other circumstances. We as for a minimum amount of paperwork, with a short, basic process.

One-on-One

You can certainly use the calculators here on this site to get an idea of how much mortgage you will be able to afford - but it's also essential to meet with us. We can begin getting your pre-qualification letter. For another thing, we could find a different mortgage program that better fits your needs. Let us help you get started: Contact us at 978-422-2311.

Have questions about pre-qualifying? Call us at 978-422-2311. It's our job to answer pre-qualification questions, so we're happy to help!