Are you looking for a new mortgage loan? We will be glad to assist you! Give us a call at (707) 252-2700. Ready to begin? Apply Now.
It's valuable to consult your mortgage professional as soon as possible — even before you have started to research neighborhoods. Why? Perhaps it is difficult to understand the ways we can help even before you start to negotiate.
We Will Help You Pre-Qualify
We will help you see how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. The process takes you through your current financial situation - your debt, income, job, and down payment money, among other things. It's a quick, thorough process with minimal risks for papercuts.
After you qualify, we present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), which says that we are helping you to find the best mortgage loan to fit your situation and that we're confident you will qualify for a mortgage loan up to a certain amount.
Power in the Pre-Qual
Several advantages open to you after you've found your new house, and have achieved pre-qualification. The first is that you will be sure what you'll be able to afford when determining your offer.
More important to the existing home owner, your pre-qualification is like your having walked into their house with a bag full of money ready to purchase their house! They need not worry that that they're wasting their time if you won't be able to have the ability to qualify for a high enough mortgage. The seller won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the capability to back up your offer.
We will help you with your pre-qualification
When we pre-qualify you, we help you figure out the amount you can afford in monthly payments you can afford, and the loan amount you can qualify for. The process leads you through your current financial situation - your debts, income, employment, down payment money, among other things. It's quick and basic; and we keep the paperwork light.
You can certainly use the mortgage calculators available on our website to calculate how much mortgage you can afford - but it's also valuable to talk with us. That way, we'll be able to help you get your pre-qualification letter. Then, we can make sure we have selected the right mortgage program for your situation. Contact us at (707) 252-2700 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at (707) 252-2700. Custom Lending Group answers pre-qualifying questions every day.