PRE-QUALIFY

The loan pre-qualification is a process that preapproves you for a specific loan amount when purchasing a home. To document the loan prequalification, you will receive a letter from us which shows the buyers a clear picture you are qualified for a mortgage.

In order to get prequalified, we will ask you several questions, some which will require documented proof.

• You’ll supply details about your employment, assets, debts and your residence history.
• We run your credit report
• If self employed, a 2 year tax history is required
• We’ll go over all this information to make sure you are qualified for a loan program

We can help you find out the loan amount you can qualify for and the mortgage payment amount you are able to afford by getting you pre-qualified. In the process, we look at your capacity to borrow – looking at your job, available money for down payment, existing debt, income, and other areas.

At the point you are considered eligible for one of our many loan programs, we will prove our confidence in your ability to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter.

Getting Prequalified for a mortgage is your first step toward homeownership but in the next step “Apply” is where you will learn the importance of having a solid preapproval from an underwriter. Click “Apply” section for more details.