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Take Advantage of Loan Pre-Qualification
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The Advantages |
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Know how much house you can afford. |
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Know how much cash you will need for the down payment. |
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Simplifies pre-approval. | | |
A number of factors determine the price range of homes you'll want to preview - one of these factors is loan pre-qualification.
As your agent, I will help you pre-qualify. Items considered when pre-qualifying for a mortgage loan include:
- Employment History
- Credit History and Scores
- Monthly Income and Expenses
With my knowledge of the mortgage market, I'll help you make an informed decision as to the type of loan you'll want. There are many different types of loans to consider - FHA, VA, Conventional and even Bad Credit Loans. We'll find the best loan for your situation.
Sellers want to know that you are qualified and serious about buying their home. I always advise my clients to immediately get documentation to their lender.
This is the highest level of approval. The lender has already seen with his own eyes, that you are serious and have confirmed all verbal information given about your qualifications! When you are in a competing market, this makes all the difference in setting your offer apart from the rest!
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