When to Talk to a Mortgage Professional
Shopping for a mortgage loan? We can assist you! Give us a call at 201-998-9050. Ready to begin? Apply Here
It's important to consult your mortgage loan professional as soon as possible — even before you've started researching neighborhoods. Why? It might be difficult 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 find out how much of a loan you can qualify for and the monthly mortgage payment amount you can afford by helping you pre-qualify. We can accomplish this by analyzing your income and debts, your employment and residence circumstances, the available funds for down payment, required reserves, and other considerations. It's short and basic; We take pride in keeping the paperwork light.
After you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), which states that we are helping you to find the ideal loan to fit your financial needs and that we are confident you will qualify for a mortgage loan up to a specific amount.
Power in the Pre-Qual
After you locate a house that catches your eye, and you decide to put together an offer, being pre-qualified for a loan will do a couple of things. First of all, you have some general numbers in mind, as the amount you will qualify for on your mortgage loan. Having pre-qualification also will make your offer look even better to the seller, as if you were bringing them a bag full of cash! They need not worry that they're wasting their time if you will not have the ability to qualify for a high enough mortgage loan. The seller won't be concerned that he won't be able to trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed mortgage loan amount won't cause them concern. You'll have the influence of a buyer ready to make the deal on the spot!
We will help you pre-qualify
We can help determine how much of a mortgage you can afford, and the amount of money you can borrow, by taking you through pre-qualifying. The process outlines your finances - your debt, income, career, cash available for down payment, among other things. It's quick and to the point; and we keep the paperwork to a minimum.
Face to Face
While you are encouraged to use our tools to calculate mortgage variables on our site, it will be essential to sit down and talk with us. That way, we will help you get your pre-qualification letter. Then, we will make sure we have chosen the ideal mortgage program for your situation. Let us get you started: Contact us at 201-998-9050.
Have questions about pre-qualifying? Call us at 201-998-9050. Keypoint Mortgage answers pre-qualifying questions every day.