Why Pre-Qualification is Important

Shopping for a mortgage loan? We will be glad to assist you! Give us a call today at 516-431-2009. Want to get started? Apply Here.

It is valuable to see a mortgage professional early, even if you haven't settled on what type of house to look for. Why? What can we do for you before you have negotiated a price, and don't yet know the amount you need to borrow?

We Can Help You Pre-Qualify

We can help you calculate the loan amount you can qualify for and the monthly payment amount you are able to afford by helping you pre-qualify. We do this by reviewing your debts and income, your work and housing situations, your funds available for a down payment, required reserves, and some other things. It's quick and to the point; We take pride in keeping the paperwork to a minimum.

At the point you are determined to be eligible, we document our confidence in your potential to qualify for a loan by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Buying Clout

Armed with your pre-qualification letter, some advantages fall at your feet at the point you find the house you want to put together an offer on. First, it helps you know how much you're able to offer. Having pre-qualification also will make your offer look even better to the seller, like you were bringing them a bag full of cash! They need not be concerned they are wasting their time if you don't have the ability to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't trust you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the ability to back your offer up.

We help with your pre-qualification

Our mortgage professionals can help you calculate the loan amount you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. We do this by reviewing your debts and income, your work and residence circumstances, your available funds for a down payment, required reserves, and some other things. It's short and to the point; and we take pride in keeping the paperwork light.

Face to Face

It's important to sit down and meet with us, even though you are welcome to also try the helpful mortgage calculators on our site. We can walk you through your pre-qualification letter. Then, we'll make sure we have the right mortgage loan program for your situation. We are eager to hear from you: contact us at 516-431-2009.

Have questions about pre-qualifying? Call us at 516-431-2009. We answer pre-qualification questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.