When to Talk to Your Mortgage Professional
Shopping for a mortgage? We will be glad to help! Call us at (303) 877-0415. Ready to begin? Apply Here
Even if you haven't so much as narrowed down homes to view yet, it's valuable to visit with your mortgage pro early. What for? If you do not know yet how much house you need to qualify for, how could we help?
We Will Help You Pre-Qualify
Our mortgage professionals will help you find out how much of a loan you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. This process outlines your financial situation - your debts, income, job, and cash available for down payment, among other things. It's short and to the point; We keep the paperwork to a minimum.
At the point you are determined to be eligible, we document our confidence in your potential to qualify for a loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").
After you find a house that catches your eye, and you decide to make an offer, being pre-qualified for a mortgage will do a couple of things. First, it helps you know the amount that you are able to offer. More important to the current home owner, your pre-qualification is like your having walked into their front door with a suitcase full of money to purchase their house! They need not wonder if that they are wasting their time if you can't be able to qualify for a big enough mortgage. The seller of the home won't be concerned that he can't count on you to qualify for your loan.Your qualifying for your needed loan amount won't be something for them to lose sleep over. You have the capability to back up your offer.
We will help you pre-qualify
When we pre-qualify you, we help you determine the amount you can afford in monthly payments you can fit in your budget, and the size of loan you will qualify for. We can achieve this by analyzing your income and debts, your employment and housing circumstances, your available funds for down payment, required reserves, and other financial considerations. It's a short, thorough process with minimal risks for papercuts.
Face to Face
It is important to sit down and meet with us, even though you are welcome to also use the helpful mortgage loan calculators on our website. We can work toward your pre-qualification letter. For another thing, we could locate a different mortgage choice that fits your needs better. We are eager to meet with you: call us at (303) 877-0415.
Have questions about pre-qualifying? Call us at (303) 877-0415. We answer pre-qualification questions every day.