In the market for a new mortgage? We will be glad to assist you! Call us at 314-835-1195. Ready to get started? Apply Here.
Even if you have not researched houses to view yet, it is advantageous to contact your mortgage professional early. What for? How can we help if you have not made an offer, and don't yet know how much you want to borrow?
Our mortgage professionals can help you calculate the loan amount you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. The process walks you through your finances - your debt, income, employment, and cash available for down payment, among other things. We will require a minimum amount of paperwork, and avoid a lengthy process.
After you qualify, will present to you a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which says that we are working with you to find the right mortgage to fit your financial needs and that we're confident you'll qualify for a mortgage loan for a specific amount.
Holding your pre-qualification letter, a number of advantages fall at your feet once you locate the home you want to make an offer on. The first is that you can be sure what you can afford when putting together your offer.
Being pre-qualified also will make your offer more attractive to the home seller, as if you were bringing them a suitcase full of cash! They need not wonder if they're wasting their time if you can't be able to qualify for a big enough mortgage loan. The seller won't worry if he can trust you to qualify for your loan.Your qualifying for the necessary mortgage loan amount will not be something for them to be concerned about. They have a virtual guarantee to trust your buying power.
We can help you pre-qualify
We will help you calculate how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by taking you through pre-qualifying. During the process, we calculate your capacity to borrow - looking at your employment, available money for down payment, debt, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.
It is important for you to sit down and meet with us, even though you are welcome to also use the helpful mortgage loan calculator tools on this website. We can begin getting your pre-qualification letter. Next, we can study your mortgage choices to make sure you are in the best one. We're waiting to meet with you: contact us at 314-835-1195.
Have questions about pre-qualifying? Call us at 314-835-1195. Alternative Mortgage Solutions, Inc. answers pre-qualifying questions every day.