You might have an idea of the payment and mortgage you can afford. But will the bank feel otherwise? It's always best to prequalify for a mortgage so you know exactly the maximum amount a financial institution is willing to lend you.
In the prequalification process, you will find out:
- Exactly how much home you can afford.
- How much cash you will need for the down payment and closing costs.
- The minimum down payment, and advantages of higher down payments.
- What the bank feels you can afford for a monthly payment.
Remember: We will always respect your privacy! We know this is your personal information, and we will not reveal it to anyone, other than a qualified home loan broker. This service is also provided free of charge, and without any obligation on your part.
Also please remember! Being qualified first is the best way to proceed. If we can go to a seller and they know the bank will loan you the money to buy their house, it's like having cash! Now the seller will be more flexible as to price and terms.
Bill and I help buyers pre-qualify for home loans every day. Simply fill out the form below to get started.
Once we get your information, we will quickly process it and get right back to you!