Why Pre-Qualify?

Even if you've not researched houses to visit yet, it's valuable to contact your mortgage professional first. Why? If you do not know yet how much home you need to qualify for, how can we help?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you find out how much of a monthly mortgage payment you can afford, and how much the banks will loan you. During this process, we look at your ability to borrow - analyzing your earning status, available money for down payment, existing debt, income, and other areas. We require a minimum amount of paperwork, and avoid a lengthy process.

At the point you are determined to be eligible, we will prove our confidence in your capacity to qualify for a mortgage loan by awarding you a Pre-Qualification Letter.

Pre-Approval

A preapproval letter is a document from a lender stating that the lender is tentatively willing to lend to you, up to a certain loan amount. This letter is based on certain assumptions and it is not a guaranteed loan offer.

Buying Clout

Armed with your pre-qualification letter, several advantages are yours once you locate the home you want to make an offer on. First, it lets you know how much you are able to offer. Of greater importance to the seller, your pre-qualification is like your having walked into their house with a suitcase full of cash to purchase their home! They will not need to wonder if they're wasting their time if you won't be able to qualify for a mortgage. You have the sway of a buyer ready to make the deal on the spot!

One on one

You can certainly use the mortgage calculators available on our site to calculate the size mortgage you'll be able to afford - but it's also essential to talk with Jim Dorney. We want to be sure we haven't missed anything and are doing the best job possible. Next, we can review your mortgage loan choices and be sure you have selected the right one. We're waiting to hear from you: contact us at (303) 443-5566.