When to Talk to a Mortgage Pro
In the market for a new mortgage? We'd be thrilled to answer your questions about our many mortgage solutions! Give us a call at (405) 822-1957. Want to get started? Apply Online Now.
Even if you've not so much as researched homes to visit yet, it's valuable to visit with your mortgage professional first. What for? It might be difficult to understand the ways in which we could help even before you begin to calculate your offer.
When we pre-qualify you, we help you decide the amount in monthly mortgage payments you can afford, and how much we of a loan you can qualify for. We will achieve this by reviewing your income and debts, your work and residence situations, your funds available for down payment, required reserves, and some other things. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
Once you are considered eligible, we prove our confidence in your potential to qualify for a loan by awarding you a Pre-Qualification Letter (also known as a "pre-qual").
With your pre-qualification letter, a number of advantages fall at your feet at the point you find the home you want to make an offer for. First, it lets you know the amount that you can offer.
Of greater importance to the existing home owner, your pre-qualification is like your having entered their house with a bag full of cash ready to purchase their home! They need not be concerned they have been wasting their time if you do not have the ability to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't be something for them to lose sleep over. They have a virtual guarantee to trust your buying power.
We will help you with your pre-qualification
We can help you see 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. We accomplish this by considering your income and debts, your work and housing situations, the available funds for down payment, required reserves, and other financial considerations. We as for a minimum amount of paperwork, and avoid a lengthy process.
One on one
You can always use the mortgage calculators available on this site to calculate how much mortgage you can afford - but it's also important to talk with us. That way, we'll be able to help you get your pre-qualification letter. For another thing, we could locate a different mortgage program that fits your needs better. Let us help you get started: Call us at (405) 822-1957.
Have questions about pre-qualifying? Call us at (405) 822-1957. It's our job to answer pre-qualification questions, so we're happy to help!