When to Speak to Your Mortgage Professional
Shopping for a mortgage loan? We'd be thrilled to answer your questions about your mortgage needs! Give us a call today at (732) 969-9300. Ready to begin? Apply Now.
Even if you've not so much as researched homes to view yet, it's valuable to see your mortgage loan professional first. What for? When you don't yet know how much home you want to qualify for, how could we help?
We Will Help You Pre-Qualify
We can help determine how much of a mortgage 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 cash available for down payment, among other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
When you are determined to be eligible, we will prove our confidence in your potential to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").
Power in the Pre-Qual
A number of beneifits open to you after you have 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 present owner, your pre-qualification gives them confidence - as if you had entered their house with a big box of cash to back up the offer! They need not worry that that they have been wasting their time if you can't have the ability to qualify for a high enough mortgage. The seller of the home won't be concerned that he can't count on you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed loan amount will not be something for them to lose sleep over. You can have the sway of a buyer ready to make the deal right now!
We help with your pre-qualification
Our mortgage professionals will help you calculate the loan amount you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. We accomplish this by considering your debts and income, your work and residence situations, the available funds for down payment, required reserves, and other considerations. It is a short, thorough process with minimal risks for papercuts.
Face to Face
You can always use the mortgage calculators available on our site to get an idea of how much mortgage you can afford - but it's also important to meet with us. That way, we will help you get your pre-qualification letter. Next, we can study your mortgage loan choices and be sure you are in the right one. Let us help you get started: Contact us at (732) 969-9300.
Have questions about pre-qualifying? Call us at (732) 969-9300. Atlantic Financial Services answers pre-qualifying questions every day.