Why Get Pre-Qualified?
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.
Vadim Sizov, Mortgage Loan Originator at Core Financial Inc, NMLS#1492892
Direct ph# 941-456-0067, email: VadimS@CoreHomeLoan.com $$$
Thank you for your inquiry on our web site.
If you intend to finance the purchase of your new home getting pre qualified for a mortgage is the most important first step in the home buying process. It takes only a few minutes to know the price range that you would qualify for, your closing costs and what your monthly payments would be.
Some of the homes that are available on the site qualify for zero down financing with fixed interest rates and easy qualification.
Even if you have had past credit issues you can still get prequalified with long term, fixed rate financing.
I look forward to working with you through the entire process and providing answers to any questions you may have.