Shopping for a mortgage loan? We can help! Call us at (408) 626-1879. Ready to begin? Apply Here.
It is helpful to bring in your mortgage loan professional as soon as possible — even before you've started to research neighborhoods. What for? How can we help if you have not negotiated an amount, and don't know yet how much you want to borrow?
We Can Help You Pre-Qualify
Our mortgage professionals will help you find out the loan amount you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. We achieve this by considering your income and debts, your work and residence situations, the available funds for a down payment, required reserves, and some other things. It's quick and basic; We keep the paperwork to a minimum.
When you qualify, will present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), that documents the fact that we are working with you to find the ideal mortgage loan to meet your financial needs and that we're confident you'll qualify for a mortgage for a specific amount.
Power in the Pre-Qual
A number of advantages open to you after you've found your new house, and have achieved pre-qualification power. First, you have some concrete numbers in mind, as the total you will qualify for on your mortgage loan.
More important to the existing home owner, your pre-qualification is like your having entered their front door with a bag full of money to make the deal! They will not need to be concerned they have been wasting their time if you do not be able to qualify for a high enough mortgage loan. The seller 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 cause them concern. They have a virtual guarantee that they can trust your ability to back up your offer.
We will help you with your pre-qualification
We will help you determine how much of a loan you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. The process takes you through your financial situation - your debts, income, employment, down payment money, among other things. It's quick and basic; and we keep the paperwork light.
One on one
It is vital for you to sit down and meet with us, even though you are welcome to also try the helpful mortgage calculator tools on our website. For one thing, you will need a Pre-Qualification Letter! Next, we can review your mortgage loan options to make sure you have chosen the right one. Let us get you started: Contact us at (408) 626-1879.
Have questions about pre-qualifying? Call us at (408) 626-1879. The Reen Team at American Pacific Mortgage answers pre-qualifying questions every day.