When to Talk to Your Mortgage Pro About Pre-Qualifying
In the market for a mortgage loan? We'll be glad to talk about your mortgage needs! Give us a call today at 305-967-7200. Ready to get started? Apply Now.
It is important to bring in your mortgage professional as soon as possible — even before you've started to consider neighborhoods. What for? How can we help before you have negotiated a purchase amount, and do not know yet the amount you want to borrow?
We Can Help You Pre-Qualify
We will help you determine the loan amount you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. We achieve this by reviewing your income and debts, your employment and housing situations, the funds available for a down payment, required reserves, and some other things. We will ask for a minimum amount of paperwork, with a short,basic process.
We will award you a Pre-Qualification Letter when you qualify, that says that we're confident you'll qualify for up to a specific amount of mortgage dollars.
Various beneifits open to you once you've found your next house, and have achieved pre-qualification power. First, it helps you know how much you're able to offer.
More important to the current home owner, your pre-qualification is like your having walked into their front door with a suitcase full of money to purchase the house! They need not be concerned that they are wasting their time if you do not be able 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 mortgage in the amount you'll need.Your qualifying for the necessary mortgage loan amount will not be something for them to be concerned about. They have a virtual guarantee that they can trust your buying power.
We help with your pre-qualification
When we pre-qualify you, we help you find out how much of a monthly mortgage payment you can fit in your budget, and the loan amount you can qualify for. The process leads you through your finances - your debt, income, employment, down payment money, among other things. We require a minimum amount of paperwork, with a quick process.
Face to Face
It's important to sit down and meet with us, even though you are welcome to also utilize the helpful mortgage loan calculators on our site. For one thing, you'll need a Pre-Qualification Letter! For another thing, we may be able to locate a different mortgage option that is a better fit for you. Contact us at 305-967-7200 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at 305-967-7200. U.S.A. Lending, Inc. answers pre-qualifying questions every day.