The Importance of Pre-Qualification

Shopping for a mortgage loan? We will be glad to assist you! Give us a call today at (440) 234-9660. Ready to begin? Apply Here.

Even if you've not picked out homes to view yet, it's valuable to contact your mortgage loan professional first. Why? How can we help you if you haven't made an offer, and do not know yet how much you need to borrow?


When we pre-qualify you, we help you find out how much of a monthly mortgage payment you can fit in your budget, and how much we of a loan you will qualify for. During this process, we determine your ability to borrow - analyzing your earning status, money available for down payment, debt, income, and other circumstances. We ask for a minimum amount of paperwork, with a quick process.

Once you are determined to be eligible, we document our confidence in your potential to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").

Buying Clout

Once you locate the house that meets your needs, and you want to make an offer, being pre-qualified for a mortgage will do a couple of things. First, you have some general numbers in mind, as the amount you can borrow. Of greater importance to the home seller, your being pre-qualified is like your having walked into their house with a bag full of cash ready to purchase their house! They won't have to worry that they're wasting their time if you will not have the ability to qualify for a big enough mortgage. The seller of the home won't be concerned that he can't trust you to qualify for your mortgage in the amount you'll need.Your qualifying for your needed loan amount won't be something for them to worry about. You have the influence of a buyer ready to make the purchase right now!

We help with your pre-qualification

When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can fit in your budget, and the loan amount you can qualify for. We will achieve this by analyzing your debts and income, your work and residence circumstances, your available funds for down payment, required reserves, and some other things. It's quick and to the point; and we take pride in keeping the paperwork light.

One on one

It is important to sit down and meet with us, even though you are free to also use the helpful mortgage calculators on our site. For one thing, you'll need a Pre-Qualification Letter! Then, we can make sure we have the best mortgage loan program for you. Let us get you started: Call us at (440) 234-9660.

Have questions about pre-qualifying? Call us at (440) 234-9660. We answer pre-qualification questions every day.

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question