The Importance of Pre-Qualification

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Even if you have not narrowed down homes to view yet, it's valuable to see your mortgage professional early. Why? If you don't know yet how much house you need to qualify for, how could we help?

Pre-Qualify

Our mortgage professionals can help you determine the loan amount you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. The process takes you through your financial situation - your debt, income, employment, and cash available for down payment, among other things. We will ask for a minimum amount of paperwork, with a short,basic process.

We'll award you a Pre-Qualification Letter when you qualify, which states that we're confident you'll qualify for up to a predetermined amount of mortgage loan dollars.

Buying Clout

With your pre-qualification letter, some advantages are yours when you find the house you want to put together an offer for. First of all, you have some concrete numbers in mind, as the amount you can borrow. Your pre-qualification will also make your offer more attractive to the home seller, like you were bringing them a suitcase full of cash! They will not have to worry that they're wasting their time if you can't be able to qualify for a high enough mortgage loan. The seller won't worry if he can count on you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't cause them concern. You have the ability to back up your offer.

We help 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. The process leads you through your financial situation - your debt, income, job, cash available for down payment, among other things. We will require a minimum amount of paperwork, with a short, basic process.

One-on-One

It's vital for you to sit down and talk with us, even though you are welcome to also try the helpful mortgage calculators on this site. We can begin getting your pre-qualification letter. Then, we will make sure we have the best mortgage program for your situation. We're waiting to hear from you: contact us at (334) 285-8850.

Have questions about pre-qualifying? Call us at (334) 285-8850. First Community Bank of Central Al. 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.