The Importance of Pre-Qualification
Looking for a loan? We'll be glad to talk about your mortgage needs! Call us at (513) 713-1515. Want to get started? Apply Now.
Even if you haven't narrowed down houses to view yet, it's valuable to contact your mortgage professional early. What for? What can we do for you if you have not made your offer, and don't yet know how much you want to borrow?
Our mortgage professionals can help you calculate the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. The process outlines your finances - your debt, 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'll give you a Pre-Qualification Letter when you qualify, which states that we're confident you can qualify for up to a specific amount of mortgage loan dollars.
After you locate a house that is right for you, and you want to put together an offer, being pre-qualified for a mortgage will do several things. The first is that you will be sure what you will be able to afford when determining your offer.
Being pre-qualified also will make your offer more attractive to the seller, like you were bringing them a bag full of cash! They need not worry that they have been wasting their time if you won't be able to have the ability to qualify for a high enough mortgage loan. The seller won't worry if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed mortgage loan amount won't be something for them to be concerned about. You have the capability to back up your offer.
We will help you pre-qualify
We will help determine how much of a mortgage loan you can afford, and how much money you can borrow, by taking you through the pre-qualification process. In the process, we determine your borrowing potential - analyzing your employment, money available for down payment, debt, income, and other circumstances. We will require a minimum amount of paperwork, with a quick process.
It's vital for you to sit down and meet with us, even though you are welcome to also utilize the helpful mortgage loan calculators on this site. For one thing, you will need a Pre-Qualification Letter! Next, we can review your mortgage options to be sure you are in the best one. Contact us at (513) 713-1515 to get started.
Have questions about pre-qualifying? Call us at (513) 713-1515. It's our job to answer pre-qualification questions, so we're happy to help!