When to Speak to Your Mortgage Pro About Pre-Qualification

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It is helpful to consult with your mortgage loan professional as soon as possible — even before you have started researching neighborhoods. What for? If you don't know yet how much home you want to qualify for, how could we help?

We Can Help You Pre-Qualify

When we pre-qualify you, we help you determine how much of a monthly payment you can afford, and how much we of a loan you can qualify for. This process outlines your financial situation - your debt, income, career, and cash available for down payment, among other things. We will ask for a minimum amount of paperwork, with a quick process.

After you are determined to be eligible, we prove our confidence in your ability to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").

Power in the Pre-Qual

After you locate a house that is right for you, and you decide 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 calculating your offer. More important to the current home owner, your pre-qualification is like your having walked into their house with a bag full of cash ready to purchase their home! They need not wonder if that they're wasting their time if you do not have the ability 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 that they can trust your buying power.

We can help you pre-qualify

We can help you see how much of a mortgage you can afford, and the amount of money you can borrow, by taking you through pre-qualifying. During this process, we explore your capacity to borrow - reviewing your employment, money available for down payment, debts, income, and other areas. We as for a minimum amount of paperwork, and avoid a lengthy process.

One-on-One

It's important for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculators on this website. For one thing, you'll need a Pre-Qualification Letter! For another thing, we may be able to locate a different mortgage choice that better fits your needs. Contact us at 978-422-2311 to get started.

Have questions about pre-qualifying? Call us at 978-422-2311. PREMIERE MORTGAGE SERVICES, INC. answers pre-qualifying questions every day.