When to Speak to Your Mortgage Professional

Looking for mortgage advice? We will be glad to assist you! Give us a call at 703-288-0777. Want to get started? Apply Here.

It is valuable to consult your mortgage loan professional as soon as possible — even before you have started to consider neighborhoods. Why? If you do not know yet how much house you need to qualify for, how can we help?

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 how much we of a loan you will qualify for. In the process, we determine your borrowing capacity - looking at your employment, money available for down payment, debts, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.

After you qualify, we present to you what's called a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which states that we are helping you to find the right mortgage loan to fit your situation and that we are confident you'll qualify for a loan up to a specific amount.

Pre-Qualification Power

Several beneifits open to you after you've found your next house, and have achieved pre-qualification. First, you have some concrete numbers in mind, as the amount you will qualify for on your mortgage loan. More important to the current home owner, your being pre-qualified is like your having walked into their house with a suitcase full of money to purchase their home! They need not worry that they're wasting their time if you can't be able to qualify for a big enough mortgage loan. The seller of the home won't worry if he can count on you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not be something for them to be concerned about. You have the ability to back up your offer.

We help with your pre-qualification

We will help you calculate how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through the pre-qualification process. We can accomplish this by reviewing your income and debts, your employment and residence circumstances, your funds available for a down payment, required reserves, and other considerations. It's quick and basic; and we take pride in keeping the paperwork to a minimum.

One-on-One

It's vital to sit down and meet with us, even though you are welcome to also use the helpful mortgage loan calculators on this website. For one thing, you'll want a Pre-Qualification Letter! Then, we'll make sure we have the right mortgage loan program for your situation. Let us get you started: Call us at 703-288-0777.

Have questions about pre-qualifying? Call us at 703-288-0777. Saab Mortgage answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
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