Shopping for a mortgage loan? We'll be glad to talk about our mortgage offerings! Call us at 608-592-5600. Ready to get started? Apply Now.
It is helpful to consult your mortgage loan professional as soon as possible — even before you have started researching neighborhoods. Why? How can we help you before you have negotiated a price, and don't yet know how much you need to borrow?
We Can Help You Pre-Qualify
When we pre-qualify you, we help you decide the amount in mortgage payments you can afford, and the size of loan you will qualify for. We will do this by analyzing your income and debts, your work and housing situations, your available funds for down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.
We'll award you a Pre-Qualification Letter when you qualify, which states that we're confident you will qualify for up to a predetermined amount of mortgage loan dollars.
After you locate a house that meets your needs, and you want to put together an offer, being pre-qualified for a mortgage loan will do several things. First, it lets you know how much you are able to offer.
Your pre-qualification also will make your offer look even better to the seller, as if you were bringing them a big box of cash! They will not have to be concerned they're wasting their time if you don't be able 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 will need.Your qualifying for the necessary loan amount will not be something for them to worry about. You can have the influence of a buyer ready to make the deal on the spot!
We can help you pre-qualify
When we pre-qualify you, we help you find out how much of a monthly mortgage payment you can fit in your budget, and the size of loan you can qualify for. In the process, we explore your borrowing power - looking at your job, money available for down payment, debt, income, and other circumstances. We as for a minimum amount of paperwork, with a quick process.
You can certainly use the mortgage calculators on this website to calculate the size mortgage you can afford - but it's also essential to meet with us. We can work toward your pre-qualification letter. For another thing, we might locate a different mortgage choice that better fits your needs. Let us get you started: Contact us at 608-592-5600.
Have questions about pre-qualifying? Call us at 608-592-5600. It's our job to answer pre-qualification questions, so we're happy to help!