When to Speak to Your Mortgage Pro
Are you looking for a mortgage? We can help! Give us a call today at (334) 285-8850. Ready to begin? Apply Now.
It's important to see a mortgage professional first, even before you've decided what type of house to search for. What for? If you don't yet know how much house you need to qualify for, what could we help you with?
We Will Help You Pre-Qualify
Our mortgage professionals can help you calculate the loan amount you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. The process outlines your current financial situation - your debts, income, career, and cash available for down payment, among other things. We will ask for a minimum amount of paperwork, with a short,basic process.
We give you a Pre-Qualification Letter if you qualify, which states that we are confident you will qualify for a specific amount of mortgage loan dollars.
Power in the Pre-Qual
Once you find the house that meets your needs, and you want to make an offer, being pre-qualified for a mortgage loan will do several things. First, it helps you know how much you can offer.
More important to the home seller, your pre-qualification is like your having entered their house with a bag full of money ready to purchase the house! They won't have to wonder if that they're wasting their time if you do not have the ability to qualify for a high enough mortgage. The seller won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the ability to back up your offer.
We help with your pre-qualification
Our mortgage professionals will help you calculate the loan amount you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. During this process, we explore your capacity to borrow - reviewing your earning status, money available for down payment, existing debt, income, and other areas. It's short and basic; and we keep the paperwork to a minimum.
You can always use the mortgage calculators on this site to calculate how much mortgage you'll be able to afford - but it's also important to meet with one of our mortgage professionals. We can work toward your pre-qualification letter. For another thing, we may find a different mortgage choice that fits your goals better. Let us get you started: Contact us at (334) 285-8850.
Have questions about pre-qualifying? Call us at (334) 285-8850. It's our job to answer pre-qualification questions, so we're happy to help!