Why it's Important to Pre-Qualify

Shopping for a mortgage loan? We will be glad to assist you! Call us at 3103737406. Want to get started? Apply Here.

It's valuable to see a mortgage loan pro early, even if you haven't decided the kind of home to look for. What for? When you do not know yet how much home you need to qualify for, how could we help?

Pre-Qualify

We can help you see how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through the pre-qualification process. In this process, we explore your ability to borrow - analyzing your employment, money available for down payment, debts, income, and other circumstances. We will ask for a minimum amount of paperwork, with a short,basic process.

Once you qualify, we present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which says that we are helping you to find the right mortgage loan to fit your financial needs and that we're confident you'll qualify for a mortgage loan for up to a specific amount.

Buying Power

A number of advantages open to you after you have found your new house, and have achieved pre-qualification. First, it lets you know how much you can offer. Even more important to the seller of the home, your pre-qualification status gives them confidence - as if you'd entered their home with a bag of cash to make the offer! They will not need to worry 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 wonder if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for your needed loan amount will not be something for them to fret over. You'll have the clout of a buyer ready to make the deal right now!

We will help you with your pre-qualification

We can help you find out the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. During this process, we look at your capacity to borrow - analyzing your employment, money available for down payment, existing debt, income, and other circumstances. It's quick and to the point; and we keep the paperwork to a minimum.

One on one

While you are able to benefit from our tools to calculate mortgage variables on our site, it will be a good idea to meet with us. For one thing, you will want a Pre-Qualification Letter! Then, we'll make sure we have the ideal mortgage loan program for your situation. We're waiting to meet with you: call us at 3103737406.

Have questions about pre-qualifying? Call us at 3103737406. We answer pre-qualification questions every day.

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Riviera Funding NMLS#861382 CA DRE Broker #01186669

1801 S. Catalina Avenue Suite #201
Redondo Beach, CA 90277