Looking for a loan? We will be glad to assist you! Give us a call today at (478) 746-2063. Want to get started? Apply Here.
Even if you have not narrowed down houses to visit yet, it can be valuable to see your mortgage professional early. Why? It may be difficult to fathom how we can help even before you start to calculate your offer.
We can help you calculate how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by taking you through pre-qualifying. We will achieve this by considering your debts and income, your work and residence circumstances, your funds available for a down payment, required reserves, and other financial considerations. We ask for a minimum amount of paperwork, with a quick process.
Once you are considered eligible, we prove our confidence in your potential to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").
A number of beneifits open to you after you find your new house, and have pre-qualification power. First of all, you have some definite numbers in mind, as the total you will qualify for with your mortgage.
Of greater importance to the home 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 need not wonder if they have been wasting their time if you will not be able to qualify for a high enough mortgage loan. The seller won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't cause them concern. They have a virtual guarantee that they can trust your buying power.
We will help you pre-qualify
We will help determine how much of a mortgage you can afford, and the amount of money you can borrow, by taking you through the pre-qualification process. During the process, we explore your borrowing capacity - analyzing your employment, money available for down payment, existing debt, income, and other circumstances. It's a short, thorough process with minimal risks for papercuts.
Face to Face
It is vital to sit down and meet with us, even though you are welcome to also use the helpful mortgage loan calculators on our site. For one thing, you will want a Pre-Qualification Letter! Then, we will make sure we have the right mortgage program for you. Let us help you get started: Call us at (478) 746-2063.
Have questions about pre-qualifying? Call us at (478) 746-2063. MidTowne Mortgage answers pre-qualifying questions every day.