The Importance of Pre-Qualifying

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Even if you haven't picked out homes to view yet, it is valuable to contact your mortgage loan professional early. What for? It might be hard to fathom the way we could help even before you start to negotiate.

We Can Help You Pre-Qualify

We will help determine how much of a mortgage you can afford, and the amount of money you will be able to borrow, by walking you through the pre-qualification process. We will achieve this by analyzing your income and debts, your work and residence circumstances, the available funds for a down payment, required reserves, and some other things. We ask for a minimum amount of paperwork, with a quick process.

We will award you a Pre-Qualification Letter after you qualify, which states that we are confident you will qualify for up to a predetermined amount of mortgage dollars.

Power in the Pre-Qual

Various advantages open to you after you've found your new house, and have pre-qualification. First, you have some definite numbers in mind, as the total you will qualify for on your loan. Being pre-qualified will also make your offer more attractive to the home seller, like you were bringing them a big box of cash! They won't need to worry that that they are wasting their time if you will not have the ability 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 your needed mortgage loan amount won't be something for them to be concerned about. You will have the clout of a buyer ready to make the deal right now!

We will help you pre-qualify

We can help you calculate how much of a mortgage you can afford, and the amount of money you will be able to borrow, by taking you through pre-qualifying. This process takes you through your current financial situation - your debt, income, job, cash available for down payment, among other things. It's quick and basic; and we take pride in keeping the paperwork light.

Face to Face

It's vital for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculators on our site. For one thing, you'll need a Pre-Qualification Letter! Then, we can make sure we have the right mortgage loan program for your situation. Let us get you started: Call us at (781) 326-6363.

Have questions about pre-qualifying? Call us at (781) 326-6363. NorthStar Mortgage Corp. answers pre-qualifying questions every day.