In this market, to get your offer accepted you have to be "Ready to go!" seller doesn't want to wait for you to get your paperwork together when several other buyers are already ready to go. The first step in the buying process is knowing what you can afford and determining how you will pay for the down payment, closing costs and what type of loan works best for you.
I love the team I work with to provide the best experience possible. My preferred lender is Alan Parker Duke at Nexa Mortgage. Alan is honest, trustworthy and knows his stuff. He like me works from the heart and is truly dedicated to helping people. If you want to speak to him, give me a ring and I can connect you directly. Or fill out the form below and I'll follow up with a quick analysis of your needs and we can get an idea of what you can qualify for.
1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.
2. While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
