The Importance of Pre-Qualification

Even if you have not so much as picked out homes to view yet, it can be valuable to see your mortgage professional early. What for? When you don't yet know how much home you want to qualify for, what could we help you with?

We Will Help You Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly mortgage payment you can fit in your budget, and the loan amount you will qualify for. The process outlines your finances - your debts, income, career, and down payment money, among other things. It's a short, thorough process with minimal risks for papercuts.

We'll award you a Pre-Qualification Letter if you qualify, that says that we are confident you'll qualify for up to a certain amount of mortgage dollars.

Pre-Qual Power

Holding your pre-qualification letter, some advantages fall at your feet at the point you find the home you want to make an offer for. First, it helps you know the amount that you can offer. Of greater importance to the seller, your being pre-qualified is like your having walked into their house with a bag full of money to purchase their house! They won't have to worry that that they have been wasting their time if you won't be able to 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 count on you to qualify for your loan.Your qualifying for your needed loan amount won't cause them concern. They have a virtual guarantee to trust your ability to back up your offer.

We will help you with your pre-qualification

We can help you see how much of a mortgage you can afford, and how much money you will be able to borrow, by walking you through the pre-qualification process. This process outlines your finances - your debts, income, career, cash available for down payment, among other things. We as for 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 website, it will be a good idea to meet with us. We can walk you through your pre-qualification letter. For another thing, we could be able to find a different mortgage choice that better fits your needs. Contact us at 202-625-1491 to get your pre-qualification process started.