Why Pre-Qualification is Important
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It's important to consult with your mortgage loan professional early — even before you have started to research neighborhoods. Why? Perhaps it's hard to understand the ways we can help even before you begin to negotiate.
We Will Help You Pre-Qualify
We will help you calculate how much of a loan you can qualify for and the monthly payment amount you are able to afford by helping you pre-qualify. This process leads you through your finances - your debts, income, job, and cash available for down payment, among other things. It is a quick, thorough process with minimal risks for papercuts.
We'll give you a Pre-Qualification Letter after you qualify, that states that we're confident you'll qualify for up to a specific amount of mortgage dollars.
Power in the Pre-Qual
With your pre-qualification letter, several advantages are yours at the point you find the house you want to put together an offer on. First, it lets you know the amount that you're able to offer.
More important to the existing home owner, your being pre-qualified is like your having entered their house with a suitcase full of money ready to purchase the home! They won't need to be concerned they have been wasting their time if you can't be able to qualify for a high enough mortgage. The seller of the home won't be concerned that he won't be able to count on you to qualify for your loan.Your qualifying for the necessary mortgage loan amount won't be something for them to lose sleep over. They have a virtual guarantee that they can trust your ability to back up your offer.
We will help you pre-qualify
Our mortgage professionals can help you determine the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. We do this by considering your debts and income, your employment and residence circumstances, your available funds for a down payment, required reserves, and other considerations. It's short and to the point; and we keep the paperwork to a minimum.
Face to Face
While you are encouraged to try our tools to calculate mortgage variables on this website, it is essential to sit down and talk with us. That way, we'll be able to help you get your pre-qualification letter. Next, we can study your mortgage choices and make sure you are in the best one. Let us help you get started: Contact us at 469-640-0400.
Have questions about pre-qualifying? Call us at 469-640-0400. Capacity Lending, LLC answers pre-qualifying questions every day.