The Importance of Pre-Qualification

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Before you shop for your new home, it is important to "prequalify" for your mortgage.  Most sellers won't even consider an offer to purchase without a "prequalification letter" from a reputable lender.

Our first question is always, "How much of a house payment would you be comfortable with?"  Even though we might be able to approve you for a higher amount, we want your payment to fit well within your personal financial situation. 

We will pull your credit report at no cost to you.  Credit scores help determine the best loan type for you.  This is when we find any errors on your report that you might need to protest.

We review your income sources and assets to make sure you can meet current underwriting guidelines.  Once we know the amount of funds you want to put towards down payment and closing costs, we can guide your Realtor in making your offer.  Maybe you need to ask the seller for help with closing costs.  Maybe you need a co-signer to help with income.  These are all things we will discuss during the prequalification visit.

One-on-One

It's vital to sit down and talk with us, and our hours are flexible.  We welcome your questions, and look forward to helping you secure the most advantageous loan for your personal situation.