Mortgage Pre-Qualification


Mortgage Pre-Qualification is the initial step in the house-hunting process, a mortgage pre-qualification means a borrower will probably be approved for a home loan up to a specific amount. There is neither a commitment to lend nor a guaranteed amount.
Why would I want a mortgage pre-qualification?
Pre-qualification is not required, but it is a good starting point for home buyers who are unsure if they can qualify for a mortgage loan. In addition to giving borrowers an idea of how much they can afford, a pre-qualification—provided by the lender—also serves as a snapshot of a borrower’s credit worthiness. If a borrower is satisfied with the assessment, they can then take the next step: applying for pre-approval.

What Documents Do I Need To Pre-Qualify For A Mortgage?

You Will Need To Provide Basic Financial Information Which Includes Proof Of Income And A List Of Assets And Debts. A Soft Credit Inquiry May Be Pulled, But It’s Not Required. Afterwards, The Lender Will Use The Initial Information To Determine If You Meet Their Criteria For A Home Loan. No Worries We Will Walk You Through The Process.

unbeatable deals

We thrive to achieve excellent results and to provide services that matter to you most. While other real estate brokerages charge up to 10%, our prices are on average 5% – 6% .

Getting pre-approved for a mortgage is simple. Contact us here to start the process.