Why it's Important to Pre-Qualify

Shopping for a mortgage loan? We'll be glad to talk about your mortgage needs! Call us at 978-422-2311. Ready to get started? Apply Here.

It's helpful to visit with a mortgage professional early, even before you've determined what type of house you hope to find. What for? What can we do for you if you have not negotiated a purchase amount, and do not yet know the amount you need to borrow?


We will help determine how much of a mortgage loan you can afford, and how much money you will be able to borrow, by walking you through the pre-qualification process. The process outlines your finances - your debts, income, job, and down payment money, among other things. We ask for a minimum amount of paperwork, and avoid a lengthy process.

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

Buying Power

Holding your pre-qualification letter, a number of advantages fall at your feet when you find the house you want to make an offer on. The first is that you will be sure the amount you can afford when calculating your offer. Even more important to the seller, your pre-qualification gives them certainty - as if you'd entered their home with a bag of cash to back up the offer! They will not need to be concerned that they have been wasting their time if you will not have the ability to qualify for a big enough mortgage. The seller of the home won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not cause them concern. They have a virtual guarantee to trust your ability to back up your offer.

We will help you with your pre-qualification

When we pre-qualify you, we help you determine the amount you can afford in monthly mortgage payments you can afford, and the loan amount you can qualify for. In this process, we explore your borrowing potential - looking at your employment, money available for down payment, debts, income, and other circumstances. It's quick and basic; and we keep the paperwork light.

Face to Face

It's vital for you to sit down and talk with us, even though you are welcome to also use the helpful mortgage loan calculators on this website. That way, we will help you get your pre-qualification letter. Next, we can consider your loan options and make sure you are in the best one. We are eager to meet with you: call 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!