Why it's Important to Pre-Qualify
Shopping for a mortgage loan? We can assist you! Give us a call at (727) 478-2797. Ready to begin? Apply Here.
Even if you haven't narrowed down houses to visit yet, it's important to contact your mortgage pro first. Why? What can we do for you before you have made your offer, and don't know yet how much you want to borrow?
We will help determine how much of a mortgage you can afford, and the amount of money you will be able to borrow, by taking you through the pre-qualification process. We will do this by reviewing your income and debts, your employment and housing situations, the available funds for a down payment, required reserves, and some other things. We will require a minimum amount of paperwork, with a quick process.
When you qualify, will present to you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which says that we are partnering with you to find the ideal loan program to meet your financial needs and that we're confident you'll qualify for a loan for a certain amount.
Power in the Pre-Qual
When you find a house that is right for you, and you decide to put together an offer, being pre-qualified for a mortgage will do several things. The first is that you can know what you can afford when calculating the offer.
More important to the existing home owner, your pre-qualification is like your having walked into their house with a bag full of money to make the deal! They won't need to worry that that they have been wasting their time if you do not have the ability to qualify for a big enough mortgage. The seller won't wonder if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not 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 help with your pre-qualification
Our mortgage professionals will help you find out the loan amount you can qualify for and the monthly mortgage payment amount you are able to afford by getting you pre-qualified. The process outlines your current financial situation - your debts, income, employment, cash available for down payment, among other things. It's short and to the point; and we take pride in keeping the paperwork light.
One on one
While you can try our mortgage calculators on this website, it's essential to sit down and talk with one of our mortgage professional team members. For one thing, you will want a Pre-Qualification Letter! Then, we can make sure we have found the ideal mortgage program for your situation. Let us get you started: Call us at (727) 478-2797.
Have questions about pre-qualifying? Call us at (727) 478-2797. C2 Financial Corporation answers pre-qualifying questions every day.