Why it's Important to Pre-Qualify

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Even if you've not researched houses to view yet, it's advantageous to contact your mortgage loan professional first. What for? How can we help before you have negotiated a purchase amount, and don't know yet the amount you want to borrow?


When we pre-qualify you, we help you figure out how much of a monthly payment you can fit in your budget, and the size of loan you can qualify for. We accomplish this by analyzing your income and debts, your employment and residence situations, your available funds for down payment, required reserves, and other considerations. It is a short, thorough process with minimal risks for papercuts.

After you are determined to be eligible, we prove our confidence in your capacity to qualify for a mortgage loan by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Pre-Qualification Power

With your pre-qualification letter, several advantages are yours when you find the home you want to make an offer for. First, you have some definite numbers in mind, as the amount you will qualify for with your loan. Of greater importance to the seller, your being pre-qualified is like your having walked into their house with a bag full of cash ready to purchase the house! They won't need to worry that they're wasting their time if you will not be able to qualify for a high enough mortgage. The seller won't wonder if he can trust you to qualify for your loan.Your qualifying for the necessary loan amount will not be something for them to lose sleep over. They have a virtual guarantee that they can trust your buying power.

We will help you pre-qualify

We can help you determine how much of a loan you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. During the process, we explore your capacity to borrow - analyzing your job, money available for down payment, debts, income, and other circumstances. It is a short, thorough process with minimal risks for papercuts.

Face to Face

It is vital for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage calculator tools on this site. We can walk you through your pre-qualification letter. Then, we will make sure we have selected the best mortgage program for you. We're eager to hear from you: 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.
How can we get in touch with you?
Tell us about your credit history.