The Importance of Pre-Qualifying

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Even if you've not narrowed down homes to visit yet, it can be important to contact your mortgage loan professional first. Why? How can we help you if you haven't negotiated an amount, and don't yet know how much you want to borrow?

Pre-Qualify

We will help you determine the loan amount you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. The process outlines your finances - your debts, income, employment, and down payment money, among other things. It's a short, thorough process with minimal risks for papercuts.

When you qualify, will present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), that states that we are working with you to find the right mortgage loan program to fit your financial needs and that we're confident you will qualify for a mortgage loan up to a certain amount.

Buying Clout

Armed with your pre-qualification letter, some advantages are yours when you find the home you want to put together an offer on. First, you have some concrete numbers in mind, as the total you will be able to borrow. More important to the home seller, your being pre-qualified is like your having entered their front door with a bag full of money to purchase their house! They won't have to worry that they have been wasting their time if you do not be able to qualify for a high enough mortgage. The seller won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed loan amount will not be something for them to worry about. You have the capability to back your offer up.

We help with your pre-qualification

Our mortgage professionals will help you determine how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by getting you pre-qualified. The process takes you through your current financial situation - your debt, income, career, cash available for down payment, among other things. It's short and to the point; and we take pride in keeping the paperwork light.

One on one

It is important to sit down and talk with us, even though you are welcome to also try the helpful mortgage loan calculators on our website. For one thing, you will want a Pre-Qualification Letter! Next, we can review your loan options and be sure you have found the right one. Let us help you get started: Call us at 703-288-0777.

Have questions about pre-qualifying? Call us at 703-288-0777. We answer pre-qualification 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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Tell us about your credit history.