When to Speak to a Mortgage Professional
Shopping for a mortgage loan? We'll be glad to answer your questions about your mortgage needs! Give us a call today at (610) 889-7467. Ready to get started? Apply Here.
Even if you haven't picked out houses to view yet, it is valuable to visit with your mortgage pro first. Why? What can we do for you if you have not negotiated a purchase amount, and do not know yet the amount you want to borrow?
When we pre-qualify you, we help you determine how much of a monthly payment you can afford, and how much we of a loan you will qualify for. In the process, we determine your capacity to borrow - analyzing your employment, available money for down payment, debt, income, and other areas. It is a short, thorough process with minimal risks for papercuts.
We'll give you a Pre-Qualification Letter after you qualify, which documents that we're confident you will qualify for up to a specific amount of mortgage dollars.
After you locate the house that catches your eye, and you decide to make an offer, being pre-qualified for a mortgage loan will do several things. The first is that you can be sure what you can afford when putting together your offer.
Of greater importance to the existing home owner, your pre-qualification is like your having walked into their front door with a suitcase full of money ready to make the deal! They won't need to wonder if they're wasting their time if you can't have the ability to qualify for a high 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 will need.Your qualifying for the necessary mortgage loan amount won't cause them concern. You have the influence of a buyer ready to make the deal right now!
We will help you pre-qualify
We will help you find out the loan amount you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. This process takes you through your finances - your debt, income, job, down payment money, among other things. It's a short, thorough process with minimal risks for papercuts.
One on one
It is important to sit down and meet with us, even though you are welcome to also utilize the helpful mortgage calculator tools on this site. We can walk you through your pre-qualification letter. For another thing, we might find a different mortgage choice that is a better fit for you. Let us help you get started: Call us at (610) 889-7467.
Have questions about pre-qualifying? Call us at (610) 889-7467. Howard Financial answers pre-qualifying questions every day.