Why Pre-Qualification is Important

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It's helpful to see a mortgage loan pro first, even if you haven't settled on the kind of home you hope to find. Why? What can we do for you if you haven't negotiated a price, and don't yet know the amount you need to borrow?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly mortgage payment you can afford, and the size of loan you will qualify for. In this process, we determine your borrowing capacity - looking at your earning status, money available for down payment, debts, income, and other areas. It's quick and to the point; We keep the paperwork to a minimum.

Once you are considered eligible, we document our confidence in your capacity to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Buying Power

With your pre-qualification letter, some advantages are yours at the point you locate the home you want to make an offer on. First, you have some concrete numbers in mind, as the total you will be able to borrow. More important to the seller, your pre-qualification is like your having walked into their house with a suitcase full of money to purchase their house! They will not need to be concerned that they have been wasting their time if you won't be able to have the ability to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he can't count on you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary mortgage loan amount will not cause them concern. You have the ability to back your offer up.

We will help you with your pre-qualification

We can help you calculate how much of a mortgage you can afford, and the amount of money you can borrow, by walking you through pre-qualifying. In this process, we look at your capacity to borrow - analyzing your employment, money available for down payment, debts, income, and other areas. It is a short, thorough process with minimal risks for papercuts.

One on one

You can always use the mortgage calculators available on our site to get an idea of how much mortgage you'll be able to afford - but it's also essential to talk with us. We can walk you through your pre-qualification letter. For another thing, we might find a different mortgage option that better fits your needs. Contact us at (302) 765-8089 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at (302) 765-8089. It's our job to answer pre-qualification questions, so we're happy to help!

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.