Shopping for a mortgage loan? We'll be glad to talk about our mortgage offerings! Give us a call today at 603-893-6616. Want to get started? Apply Here.
It can be valuable to visit with a mortgage loan pro first, even before you have decided what type of house to search for. What for? It might be hard to fathom the way we could help even before you begin to calculate your offer.
We can help determine how much of a mortgage you can afford, and how much money you may be able to borrow, by taking you through the pre-qualification process. In this process, we look at your ability to borrow - reviewing your job, available money for down payment, debts, income, and other circumstances. It's short and basic; We take pride in keeping the paperwork to a minimum.
After you are considered eligible, we prove our confidence in your capacity to qualify for a loan by giving you a Pre-Qualification Letter (also called a "pre-qual").
Armed with your pre-qualification letter, a number of advantages are yours at the point you find the house you want to put together an offer on. First, it helps you know how much you are able to offer.
Even more important to the seller of the house, your pre-qualification status gives them confidence - as if you'd arrived at their house with a bag of cash to make the offer! They will not need to worry that that they're wasting their time if you will not have the ability to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed loan amount will not cause them concern. You have the capability to back your offer up.
We will help you with your pre-qualification
We can help you calculate how much of a mortgage loan you can afford, and how much money you will be able to borrow, by walking you through the pre-qualification process. We can do this by reviewing your debts and income, your work and housing situations, the available funds for down payment, required reserves, and some other things. It's quick and basic; and we take pride in keeping the paperwork to a minimum.
Face to Face
You can always use the mortgage calculators available on this site to get an idea of how much mortgage you'll be able to afford - but it's also valuable to talk with one of our mortgage professionals. We can walk you through your pre-qualification letter. For another thing, we might find a different mortgage program that is a better fit for you. Let us help you get started: Call us at 603-893-6616.
Have questions about pre-qualifying? Call us at 603-893-6616. We answer pre-qualification questions every day.