Why Pre-Qualification is Important
Are you looking for a new mortgage? We will be glad to help! Give us a call today at (727) 743-1620. Ready to begin? Apply Online Now.
It's important to visit with a mortgage loan pro first, even if you haven't decided what sort of house to search for. What for? Perhaps it is difficult to fathom how we could help even before you begin to talk about prices and negotiations.
We Will Help You Pre-Qualify
We will help you calculate how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through pre-qualifying. In this process, we explore your capacity to borrow - analyzing your earning status, money available for down payment, existing debt, income, and other circumstances. It is a quick, thorough process with minimal risks for papercuts.
When you are considered eligible, we prove our confidence in your potential to qualify for a loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").
When you locate the house that is right for you, and you want to put together an offer, being pre-qualified for a mortgage will do several things. The first is that you'll know what you will be able to afford when determining your offer.
Of greater importance to the home seller, your being pre-qualified is like your having walked into their front door with a suitcase full of cash ready to make the deal! They will not need to wonder if that they have been wasting their time if you can't be able 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 mortgage in the amount you'll need.Your qualifying for the necessary loan amount won't be something for them to fret over. You have the sway of a buyer ready to make the purchase on the spot!
We will help you pre-qualify
We will help you calculate how much of a mortgage loan you can afford, and how much money you will be able to borrow, by taking you through pre-qualifying. The process takes you through your current financial situation - your debts, income, job, down payment money, among other things. It's a short, thorough process with minimal risks for papercuts.
One on one
It's vital for you to sit down and meet with us, even though you are welcome to also try the helpful mortgage loan calculator tools on our site. We can work toward your pre-qualification letter. Then, we will make sure we have the right mortgage loan program for your situation. Let us get you 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.