Searching for a loan? We'd be thrilled to talk about your mortgage needs! Call us at (337) 494-5626. Ready to begin? Apply Here.
It is helpful to see a mortgage professional early, even before you've determined what type of home to look for. Why? If you do not know yet how much home you want to qualify for, how could we help?
When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can fit in your budget, and the size of loan you can qualify for. We do this by reviewing your debts and income, your work and housing circumstances, the funds available for a down payment, required reserves, and some other things. It's quick and basic; We take pride in keeping the paperwork light.
After you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), that states that we are working with you to find the best mortgage loan program to fit your needs and that we're confident you will qualify for a mortgage for up to a certain amount.
Once you locate a house that is right for you, and you decide to make an offer, being pre-qualified for a mortgage will do a couple of things. First, it lets you know the amount that you're able to offer.
Being pre-qualified also will make your offer more attractive to the home seller, as if you were bringing them a suitcase full of cash! They need not be concerned they have been wasting their time if you can't have the ability to qualify for a high enough mortgage loan. 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 will not cause them concern. You'll have the influence of a buyer ready to make the deal right now!
We will help you pre-qualify
We will help you calculate how much of a mortgage you can afford, and how much money you will be able to borrow, by taking you through the pre-qualification process. During the process, we determine your borrowing capacity - analyzing your employment, money available for down payment, debt, income, and other circumstances. It's a short, thorough process with minimal risks for papercuts.
While you are encouraged to benefit from our tools to calculate mortgage variables on our site, it's a good idea to meet with one of our mortgage professional team members. For one thing, you will need a Pre-Qualification Letter! Then, we'll make sure we have found the best mortgage program for your situation. Let us get you started: Contact us at (337) 494-5626.
Have questions about pre-qualifying? Call us at (337) 494-5626. It's our job to answer pre-qualification questions, so we're happy to help!