Why Pre-Qualification is Important

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It's helpful to consult with your mortgage loan professional as soon as possible — even before you've started to research neighborhoods. Why? How can we help if you have not negotiated an amount, and do not know yet how much you need to borrow?


When we pre-qualify you, we help you decide the amount in monthly payments you can afford, and how much we of a loan you will qualify for. In the process, we look at your capacity to borrow - analyzing your earning status, available money for down payment, debt, income, and other areas. We ask for a minimum amount of paperwork, and avoid a lengthy process.

After you are considered eligible, we prove our confidence in your ability to qualify for a loan by awarding you a Pre-Qualification Letter (also called a "pre-qual").

Pre-Qualification Power

Once you find a house that meets your needs, and you decide to put together an offer, being pre-qualified for a mortgage will do several things. First of all, you have some definite numbers in mind, as the amount you will be able to borrow. Of greater importance to the home seller, your pre-qualification is like your having walked into their house with a suitcase full of cash to make the deal! They will not have to wonder if they're wasting their time if you will not have the ability to qualify for a high enough mortgage loan. The seller won't wonder if he can trust you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount will not be something for them to be concerned about. They have a virtual guarantee that they can trust your ability to back up your offer.

We can help you pre-qualify

We can help determine how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through the pre-qualification process. The process leads you through your financial situation - your debts, income, job, cash available for down payment, among other things. We will ask for a minimum amount of paperwork, and avoid a lengthy process.


It is vital for you to sit down and talk with us, even though you are free to also utilize the helpful mortgage loan calculators on our site. For one thing, you will need a Pre-Qualification Letter! For another thing, we could locate a different mortgage option that fits your needs better. We're eager to meet with you: call us at (401) 583-4150.

Have questions about pre-qualifying? Call us at (401) 583-4150. It's our job to answer pre-qualification questions, so we're happy to help!

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