When to Speak to a Mortgage Pro About Pre-Qualification
Shopping for a mortgage loan? We'd be thrilled to answer your questions about your mortgage needs! Give us a call today at 720-598-8300. Ready to get started? Apply Now.
It's helpful to consult with your mortgage professional early — even before you have started narrowing down neighborhoods. What for? If you do not yet know how much home you want to qualify for, how could we help?
We Can Help You Pre-Qualify
We can help you calculate how much of a mortgage loan you can afford, and the amount of money you can borrow, by taking you through pre-qualifying. The process outlines your current financial situation - your debts, income, job, and cash available for down payment, among other things. It's a short, thorough process with minimal risks for papercuts.
We give you a Pre-Qualification Letter when you qualify, which states that we are confident you will qualify for up to a predetermined amount of mortgage loan dollars.
With your pre-qualification letter, a number of advantages fall at your feet at the point you locate the home you want to put together an offer on. First, it helps you know how much you're able to offer.
More important to the home seller, your being pre-qualified is like your having entered their house with a suitcase full of cash to make the deal! They will not need to be concerned that they have been wasting their time if you won't be able to be able to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he can't count on you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary loan amount won't cause them concern. You have the ability to back your offer up.
We will help you pre-qualify
Our mortgage professionals can help you find out how much of a loan you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. In the process, we calculate your borrowing power - reviewing your employment, available money for down payment, debts, income, and other areas. It's short and to the point; and we take pride in keeping the paperwork light.
Face to Face
You can always use the calculators here on our site to calculate how much mortgage you will be able to afford - but it's also essential to meet with us. For one thing, you'll need a Pre-Qualification Letter! For another thing, we may be able to locate a different mortgage choice that fits your goals better. Let us help you get started: Call us at 720-598-8300.
Have questions about pre-qualifying? Call us at 720-598-8300. It's our job to answer pre-qualification questions, so we're happy to help!