Why Get Pre-Qualified?

1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.

2. While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.

3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.

Getting Pre-Approved with your Lender is the first step to home ownership.  It allows you to know what your buying power is and what payment is most comfortable for you.  Contact a lender of your choice or you may find a list of local lenders under the Partners tab who I have used to assist other clients with the real estate financial needs.  When you're ready, let's get started in your home buying journey.