Why it's Important to Pre-Qualify
Searching for mortgage advice? We'd be thrilled to discuss our many mortgage solutions! Give us a call today at 706-860-5514. Ready to begin? Apply Here.
Even if you have not so much as picked out houses to view yet, it's advantageous to contact your mortgage pro early. What for? If you do not yet know how much house you need to qualify for, what could we do for you?
Our mortgage professionals can help you determine how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. In the process, we calculate your borrowing potential - reviewing your employment, available money for down payment, existing debt, income, and other circumstances. It's short and basic; We keep the paperwork to a minimum.
We give you a Pre-Qualification Letter if you qualify, that states that we're confident you'll qualify for a certain amount of mortgage loan dollars.
Power in the Pre-Qual
Various advantages open to you when you've found your dream house, and have achieved pre-qualification power. The first is that you can be sure what you will be able to afford when putting together the offer.
Being pre-qualified will also make your offer more attractive to the seller, like you were bringing them a big box of cash! They won't have to wonder if they're wasting their time if you can't have the ability to qualify for a high enough mortgage. The seller won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount won't be something for them to fret over. You have the ability to back up your offer.
We will help you pre-qualify
Our mortgage professionals can help you determine how much of a loan you can qualify for and the mortgage payment amount you are able to afford by helping you pre-qualify. We achieve this by reviewing your debts and income, your work and housing situations, your funds available for a down payment, required reserves, and some other things. It is a short, thorough process with minimal risks for papercuts.
One on one
You can certainly use the calculators available on this site to get an idea of how much mortgage you can afford - but it's also essential to meet with us. For one thing, you will need a Pre-Qualification Letter! For another thing, we might locate a different mortgage program that fits your situation better. Let us help you get started: Contact us at 706-860-5514.
Have questions about pre-qualifying? Call us at 706-860-5514. Augusta Mortgage Solutions answers pre-qualifying questions every day.