|In the market for a new mortgage loan? We'd be thrilled to discuss our many mortgage solutions! Call us at (206) 234-7544. Ready to get started? Apply Now.|
It can be helpful to see a mortgage professional first, even if you haven't settled on what sort of house you hope to find. Why? What can we do for you before you have made an offer, and don't know yet the amount you want to borrow?
We Will Help You Pre-Qualify
When we pre-qualify you, we help you decide the amount in mortgage payments you can afford, and the loan amount you will qualify for. We can accomplish this by analyzing your debts and income, your work and residence situations, your available funds for down payment, required reserves, and other considerations. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
Once you are determined to be eligible, we document our confidence in your capacity to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").
With your pre-qualification letter, some advantages are yours when you locate the house you want to make an offer for. The first is that you will know what you will be able to afford when calculating your offer. Of greater importance to the seller, your being pre-qualified is like your having entered their front door with a bag full of money ready to make the deal! They will not have to wonder if that they're wasting their time if you do not be able to qualify for a high enough mortgage loan. The seller of the home won't worry if he can trust you to qualify for your loan.Your qualifying for your needed loan amount will not cause them concern. 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 determine how much of a loan you can qualify for and the mortgage payment amount you are able to afford by helping you pre-qualify. We can do this by reviewing your income and debts, your work and housing circumstances, your available funds for a down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.
Face to Face
You can certainly use the mortgage calculators here on our site to calculate how much mortgage you can afford - but it's also essential to meet with one of our mortgage professionals. That way, we'll be able to help you get your pre-qualification letter. Then, we will make sure we have found the best mortgage loan program for your situation. Contact us at (206) 234-7544 to get started.