When to Speak to Your Mortgage Pro
Shopping for a mortgage loan? We'd be thrilled to talk about our mortgage offerings! Call us at 818-889-7300. Want to get started? Apply Online Now.
Even if you have not so much as researched homes to view yet, it is advantageous to visit with your mortgage pro first. Why? It might be difficult to understand the way we can help even before you begin to negotiate.
When we pre-qualify you, we help you decide the amount in monthly mortgage payments you can fit in your budget, and the size of loan you will qualify for. The process walks you through your finances - your debts, income, career, and cash available for down payment, among other things. We ask for a minimum amount of paperwork, with a quick 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 helping you to find the ideal loan program to fit your financial needs and that we're confident you will qualify for a mortgage up to a certain amount.
Various beneifits open to you when you find your next house, and have achieved pre-qualification. First, it helps you know the amount that you're able to offer.
Your pre-qualification also will make your offer more attractive to the seller, like you were bringing them a suitcase full of cash! They need not wonder if they are wasting their time if you will not have the ability to qualify for a big enough mortgage loan. The seller won't worry if he can count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the ability to back up your offer.
We can help you pre-qualify
When we pre-qualify you, we help you determine how much of a monthly payment you can afford, and the loan amount you can qualify for. We can do this by considering your debts and income, your employment and residence circumstances, your available funds for down payment, required reserves, and other considerations. It is a quick, thorough process with minimal risks for papercuts.
While you can use our mortgage calculators on our website, it will be essential to sit down and talk with us. We can begin getting your pre-qualification letter. Next, we can consider your mortgage loan choices to be sure you are in the right one. Contact us at 818-889-7300 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at 818-889-7300. It's our job to answer pre-qualification questions, so we're happy to help!