When to Speak to a Mortgage Professional
Searching for mortgage advice? We'll be glad to talk about our mortgage offerings! Give us a call at (408) 626-1879. Want to get started? Apply Now.
It is helpful to bring in your mortgage professional as soon as possible — even before you have started to research neighborhoods. Why? It may be difficult to fathom the ways in which we could help even before you begin to negotiate.
We can help you determine the loan amount you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. We will accomplish this by analyzing your income and debts, your work and housing situations, the available funds for a down payment, required reserves, and other financial considerations. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
We'll give you a Pre-Qualification Letter once you qualify, that says that we're confident you'll qualify for up to a predetermined amount of mortgage dollars.
Power in the Pre-Qual
When you locate a house that is right for you, and you want to put together an offer, being pre-qualified for a mortgage loan will do a couple of things. First, you have some general numbers in mind, as the total you can borrow.
Being pre-qualified also will make your offer more attractive to the home seller, like you were bringing them a suitcase of cash! They won't need to be concerned that they are wasting their time if you don't be able to qualify for a big enough mortgage. The seller of the home won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary loan amount will not cause them concern. You have the capability to back up your offer.
We can help you pre-qualify
When we pre-qualify you, we help you find out the amount you can afford in monthly mortgage payments you can fit in your budget, and the loan amount you can qualify for. We can accomplish this by reviewing your income and debts, your employment and housing situations, the available funds for a down payment, required reserves, and other considerations. It's quick and basic; and we take pride in keeping the paperwork light.
Face to Face
While you can use our tools to calculate mortgage variables on this website, it's a good idea to meet with us. That way, we will be able to help you get your pre-qualification letter. For another thing, we might locate a different mortgage choice that fits your situation better. Contact us at (408) 626-1879 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at (408) 626-1879. It's our job to answer pre-qualification questions, so we're happy to help!