Why Pre-Qualification is Important

Shopping for a mortgage? We'll be glad to discuss your mortgage needs! Call us at (727) 743-1620. Ready to begin? Apply Here.

Even if you've not so much as narrowed down houses to view yet, it's advantageous to contact your mortgage pro first. Why? What can we do for you if you have not negotiated an amount, and do not yet know the amount you need to borrow?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can afford, and the size of loan you will qualify for. We can do this by considering your debts and income, your work and housing circumstances, the available funds for down payment, required reserves, and some other things. It's short and to the point; We take pride in keeping the paperwork light.

Once you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), which states that we are helping you to find the ideal mortgage loan program to meet your situation and that we're confident you'll qualify for a mortgage loan up to a certain amount.

Buying Power

Some advantages open to you when you've found your dream house, and have achieved pre-qualification power. First, it lets you know how much you can offer. Having pre-qualification can also make your offer more attractive to the seller, as if you were bringing them a big box of cash! 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 wonder if he can count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to fret over. They have a virtual guarantee to trust your ability to back up your offer.

We help with your pre-qualification

We can help you see how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by walking you through the pre-qualification process. We do this by considering your debts and income, your employment and residence circumstances, your funds available for down payment, required reserves, and other considerations. It's short and to the point; and we take pride in keeping the paperwork light.

One on one

You can always use the calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also important to talk with one of our mortgage professionals. That way, we'll help you get your pre-qualification letter. Then, we will make sure we have selected the best mortgage loan program for you. Let us help you get started: Contact us at (727) 743-1620.

Have questions about pre-qualifying? Call us at (727) 743-1620. My FL Home Loans, Inc. answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

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