When to Speak to a Mortgage Pro
Are you looking for a new mortgage loan? We'd be thrilled to talk about our mortgage offerings! Give us a call at (310) 373-7406. Ready to begin? Apply Here.
Even if you haven't picked out homes to view yet, it's valuable to visit with your mortgage professional first. Why? What can we do for you if you have not negotiated an amount, and don't know yet the amount you want to borrow?
We will help you see how much of a mortgage loan you can afford, and how much money you may be able to borrow, by taking you through pre-qualifying. We accomplish this by considering your debts and income, your employment and housing circumstances, the funds available for down payment, required reserves, and other considerations. It's quick and basic; We take pride in keeping the paperwork light.
When you qualify, will give you a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), that says that we are helping you to find the best mortgage to meet your situation and that we are confident you'll qualify for a loan up to a specific amount.
Power in the Pre-Qual
When you locate a house that catches your eye, and you decide to make an offer, being pre-qualified for a mortgage will do a number of things. The first is that you will be sure what you can afford when determining the offer.
Your pre-qualification also will make your offer more attractive to the seller, like you were bringing them a suitcase full of cash! They won't need to wonder if that they're wasting their time if you don't be able to qualify for a big enough mortgage loan. The seller of the home won't wonder if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not cause them concern. You have the ability to back your offer up.
We can help you pre-qualify
We can help you calculate how much of a mortgage you can afford, and the amount of money you can borrow, by walking you through pre-qualifying. During this process, we calculate your ability to borrow - reviewing your earning status, money available for down payment, debts, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.
Face to Face
You can always use the mortgage calculators on our site to calculate how much mortgage you will be able to afford - but it's also valuable to talk with us. That way, we can help you get your pre-qualification letter. Next, we can consider your mortgage choices to be sure you have selected the best one. Let us help you get started: Call us at (310) 373-7406.
Have questions about pre-qualifying? Call us at (310) 373-7406. It's our job to answer pre-qualification questions, so we're happy to help!