Should you talk to a mortgage professional before house hunting?

Absolutely!  When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and how much of a loan you can qualify for.  We do this by considering your income and debts, your employment and residence situations, your available funds for down payment and required reserves and your ability to document your monthly income.  It's short and to the point, and we keep the paperwork to a minimum!

Once you qualify, we give you what's called a Pre-Qualification Letter, which says that we are working with you to find the best loan to meet your needs and that we're confident you'll qualify for a loan for a certain amount.

When you find a house that catches your eye and you decide to make an offer, being pre-qualified let's you know how much you can afford before you write your offer.  

In addition, to a home seller, being pre-qualified shows that you're a serious buyer!  They won't have to wonder if they're wasting their time because you can't qualify. You have the clout of a buyer ready to make the deal right now!

You can always use the calculators available on our site to get an idea of how much mortgage you can afford.  It's important to meet with us so we can make certain you are in the most appropriate loan program to fit your needs.