Why it's Important to Pre-Qualify

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It's important to see a mortgage professional first, even before you have determined the sort of home to search for. What for? What can we do for you if you have not negotiated a price, and don't know yet how much you want to borrow?

Pre-Qualify

We can help determine how much of a mortgage you can afford, and the amount of money you will be able to borrow, by taking you through pre-qualifying. The process outlines your financial situation - your debt, income, job, and down payment money, among other things. It's a quick, thorough process with minimal risks for papercuts.

Once you are considered eligible, we will prove our confidence in your potential to qualify for a loan by giving you a Pre-Qualification Letter (also called a "pre-qual").

Buying Clout

Holding your pre-qualification letter, several advantages fall at your feet at the point you locate the home you want to put together an offer for. The first is that you'll be sure what you'll be able to afford when determining your offer. Having pre-qualification can also make your offer look even better to the home seller, like you were bringing them a suitcase of cash! They will not need to wonder if that they are wasting their time if you won't be able to have the ability to qualify for a big enough mortgage. The seller 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 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 will help you with your pre-qualification

We will help you see how much of a mortgage you can afford, and how much money you can borrow, by walking you through pre-qualifying. In this process, we calculate your ability to borrow - analyzing your job, money available for down payment, existing debt, income, and other circumstances. It is a quick, thorough process with minimal risks for papercuts.

One on one

It's important to sit down and meet with us, even though you are free to also try the helpful mortgage calculators on this website. That way, we will help you get your pre-qualification letter. Then, we'll make sure we have the ideal mortgage program for you. Let us help you get started: Contact us at 4058634122.

Have questions about pre-qualifying? Call us at 4058634122. Executive Lending Group answers pre-qualifying questions every day.