When to Talk to a Mortgage Pro
Are you looking for a mortgage loan? We will be glad to help! Call us at (985) 429-1770. Want to get started? Apply Now.
It is important to see a mortgage professional early, even if you haven't decided the sort of home you hope to find. Why? When you don't know yet how much home you want to qualify for, what can we help you with?
We Can Help You Pre-Qualify
We will help determine how much of a mortgage loan you can afford, and how much money you will be able to borrow, by taking you through the pre-qualification process. We will accomplish this by reviewing your income and debts, your work and housing situations, your available funds for a down payment, required reserves, and some other things. We will require a minimum amount of paperwork, with a short,basic process.
After you qualify, will give you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which says that we are working with you to find the best loan program to fit your needs and that we're confident you'll qualify for a mortgage loan up to a specific amount.
Power in the Pre-Qual
Several beneifits open to you once you have found your next house, and have achieved pre-qualification. First, it helps you know the amount that you can offer.
More important to the seller, your pre-qualification is like your having walked into their house with a suitcase full of cash to purchase their house! They will not need to worry that they're wasting their time if you do not be able to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount won't be something for them to fret over. You have the capability to back up your offer.
We will help you pre-qualify
When we pre-qualify you, we help you decide the amount you can afford in mortgage payments you can afford, and the size of loan you will qualify for. We will achieve this by analyzing your debts and income, your employment and residence circumstances, the funds available for down payment, required reserves, and some other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
One on one
While you can try our tools to calculate mortgage variables on this website, it's essential to sit down and talk with us. For one thing, you will want a Pre-Qualification Letter! Then, we can make sure we have found the best mortgage program for you. Let us help you get started: Contact us at (985) 429-1770.
Have questions about pre-qualifying? Call us at (985) 429-1770. First Access Mortgage answers pre-qualifying questions every day.