When to Speak to Your Mortgage Professional
Shopping for a mortgage? We'd be thrilled to discuss our many mortgage solutions! Call us at (805) 496-7500. Ready to get started? Apply Here.
Even if you've not so much as researched houses to visit yet, it's valuable to visit with your mortgage pro early. Why? It might be hard to fathom how we can help even before you begin to talk about prices and negotiations.
We Will Help You Pre-Qualify
We will help you calculate how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by walking you through pre-qualifying. This process takes you through your finances - your debts, income, career, and cash available for down payment, among other things. It's quick and to the point; We keep the paperwork to a minimum.
We'll give you a Pre-Qualification Letter once you qualify, which says that we are confident you'll qualify for up to a predetermined amount of mortgage loan dollars.
Power in the Pre-Qual
With your pre-qualification letter, several advantages are yours once you find the home you want to put together an offer on. The first is that you'll be sure the amount you'll be able to afford when putting together your offer.
Even more important to the current owner, your pre-qualification status gives them confidence - as if you had come into their house with a big box of cash to back up the offer! They will not need to worry that that they are wasting their time if you don't be able to qualify for a high enough mortgage. The seller of the home won't worry if he can trust you to qualify for your loan.Your qualifying for the necessary loan amount won't be something for them to be concerned about. They have a virtual guarantee to trust your ability to back up your offer.
We will help you pre-qualify
We can help you determine the loan amount you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. We do this by analyzing your debts and income, your work and residence situations, your funds available for a down payment, required reserves, and some other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
While you are able to use our mortgage calculators on this website, it will be a good idea to meet with us. That way, we will help you get your pre-qualification letter. For another thing, we may be able to locate a different mortgage loan option that is a better fit for you. Contact us at (805) 496-7500 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at (805) 496-7500. We answer pre-qualification questions every day.