Why it's Important to Pre-Qualify

Looking for a loan? We'd be thrilled to discuss your mortgage needs! Call us at 4787462063. Want to get started? Apply Here.

It is helpful to see a mortgage professional first, even if you haven't settled on what type of home you hope to find. Why? Perhaps it is hard to understand the ways we can help even before you begin to negotiate.

We Will Help You Pre-Qualify

We can help determine how much of a mortgage loan you can afford, and how much money you will be able to borrow, by walking you through the pre-qualification process. We will do this by reviewing your debts and income, your employment and residence situations, your available funds for a down payment, required reserves, and some other things. It's short and basic; We take pride in keeping the paperwork to a minimum.

After you are determined to be eligible, we will prove our confidence in your ability to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Power in the Pre-Qual

When you find a house that meets your needs, and you decide to make an offer, being pre-qualified for a mortgage will do several things. First, you have some concrete numbers in mind, as the amount you can borrow. Of greater importance to the home seller, your pre-qualification is like your having entered their front door with a suitcase full of money to purchase their home! They need not worry that they have been wasting their time if you will not have the ability to qualify for a high enough mortgage. The seller won't wonder if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed loan amount won't be something for them to lose sleep over. You have the capability to back your offer up.

We will help you with your pre-qualification

When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can fit in your budget, and the loan amount you will qualify for. In the process, we explore your capacity to borrow - analyzing your job, available money for down payment, debt, income, and other circumstances. We require a minimum amount of paperwork, with a quick process.

One-on-One

It is vital for you to sit down and talk with us, even though you are free to also use the helpful mortgage calculator tools on this site. For one thing, you'll want a Pre-Qualification Letter! Next, we can study your loan options to make sure you have selected the best one. Let us help you get started: Contact us at 4787462063.

Have questions about pre-qualifying? Call us at 4787462063. MidTowne Mortgage answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.