When to Talk to Your Mortgage Pro
Shopping for a mortgage? We'll be glad to answer your questions about our mortgage offerings! Call us at (805) 496-7500. Want to get started? Apply Here.
It is important to consult your mortgage professional as soon as possible — even before you've begun researching neighborhoods. What for? If you don't yet know how much house you need to qualify for, how could we help?
We will help you find out the loan amount you can qualify for and the monthly payment amount you are able to afford by helping you pre-qualify. During the process, we explore your borrowing power - analyzing your employment, available money for down payment, debt, income, and other areas. We will ask for a minimum amount of paperwork, with a short,basic process.
Once you are determined to be eligible, we will prove our confidence in your capacity to qualify for a mortgage by giving you a Pre-Qualification Letter (also known as a "pre-qual").
When you find the house that catches your eye, and you want to make an offer, being pre-qualified for a mortgage loan will do several things. First, you have some definite numbers in mind, as the total you will be able to borrow.
Of greater importance to the seller, your pre-qualification is like your having entered their house with a suitcase full of cash to purchase the home! They won't need to be concerned that they're wasting their time if you can't be able to qualify for a big enough mortgage loan. The seller of the home won't worry if he can trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount won't be something for them to fret over. They have a virtual guarantee to trust your buying power.
We can help you pre-qualify
We can help you see how much of a mortgage loan you can afford, and how much money you can borrow, by taking you through pre-qualifying. During the process, we calculate your ability to borrow - reviewing your job, available money for down payment, debts, income, and other circumstances. We will require a minimum amount of paperwork, with a quick process.
Face to Face
It is vital for you to sit down and meet with us, even though you are free to also utilize the helpful mortgage calculator tools on our website. For one thing, you will need a Pre-Qualification Letter! Then, we can make sure we have selected the best mortgage loan program for your situation. Let us get you started: Call us at (805) 496-7500.
Have questions about pre-qualifying? Call us at (805) 496-7500. It's our job to answer pre-qualification questions, so we're happy to help!