When to Speak to a Mortgage Pro
In the market for a new mortgage loan? We'd be thrilled to discuss our many mortgage solutions! Give us a call today at (260) 338-2561. Want to get started? Apply Here.
It can be important to see a mortgage loan pro early, even if you haven't decided what type of home you hope to find. Why? Maybe it is hard to understand how we can help even before you start to negotiate.
When we pre-qualify you, we help you figure out the amount in monthly payments you can afford, and how much we of a loan you will qualify for. The process takes you through your current financial situation - your debts, income, career, and cash available for down payment, among other things. We will require a minimum amount of paperwork, with a short,basic process.
After you qualify, will give you what's called a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which states that we are working with you to find the best loan program to fit your financial needs and that we're confident you will qualify for a mortgage for a specific amount.
Holding your pre-qualification letter, some advantages fall at your feet at the point you find the house you want to make an offer for. First, it helps you know how much you're able to offer.
Of greater importance to the existing home owner, your being pre-qualified is like your having entered their house with a suitcase full of cash to make the deal! They won't need to wonder if that they have been wasting their time if you can't be able to qualify for a high enough mortgage. The seller won't wonder if he can count on you to qualify for your loan.Your qualifying for the necessary loan amount won't cause them concern. You have the capability to back up your offer.
We will help you with your pre-qualification
We can help you see how much of a mortgage you can afford, and how much money you may be able to borrow, by taking you through the pre-qualification process. This process outlines your finances - your debt, income, job, cash available for down payment, among other things. We will ask for a minimum amount of paperwork, with a quick process.
Face to Face
While you can benefit from our mortgage calculators on this website, it's a good idea to meet with us. That way, we will help you get your pre-qualification letter. For another thing, we might locate a different mortgage loan option that better fits your needs. We're waiting to meet with you: call us at (260) 338-2561.
Have questions about pre-qualifying? Call us at (260) 338-2561. It's our job to answer pre-qualification questions, so we're happy to help!