When to Talk to Your Mortgage Professional
Shopping for a mortgage loan? We'd be thrilled to discuss your mortgage needs! Give us a call today at (510) 683-9850. Want to get started? Apply Now.
Even if you've not so much as narrowed down houses to visit yet, it can be important to visit with your mortgage pro early. What for? If you don't know yet how much house you need to qualify for, how can we help?
We Will Help You Pre-Qualify
We can help you see how much of a mortgage loan you can afford, and the amount of money you can borrow, by taking you through the pre-qualification process. The process outlines your finances - your debt, income, job, and down payment money, among other things. It's a short, thorough process with minimal risks for papercuts.
After you are considered eligible, we document our confidence in your capacity to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").
Various advantages open to you after you've found your dream house, and have achieved pre-qualification power. First, it helps you know the amount that you can offer.
Even more important to the seller of the home, your pre-qualification letter gives them certainty - as if you had arrived at their house with a suitcase of cash to make the offer! They will not need to be concerned that they're wasting their time if you do not be able to qualify for a big enough mortgage loan. The seller won't wonder if he can trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary loan amount won't be something for them to lose sleep over. They have a virtual guarantee to trust your buying power.
We can help you pre-qualify
We can help determine how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by taking you through the pre-qualification process. During this process, we look at your borrowing capacity - analyzing your job, available money for down payment, debts, income, and other circumstances. We require a minimum amount of paperwork, with a quick process.
One on one
While you are encouraged to benefit from our tools to calculate mortgage variables on this site, it will be essential to meet with us. That way, we can help you get your pre-qualification letter. For another thing, we might find a different mortgage program that fits your situation better. We're eager to hear from you: contact us at (510) 683-9850.
Have questions about pre-qualifying? Call us at (510) 683-9850. It's our job to answer pre-qualification questions, so we're happy to help!