The Pre-qualification Advantage

Obtaining a mortgage pre-qualification is the first step in determining the home price and mortgage monthly payments that you can afford.  Determining a price range may help alleviate some of the stress of shopping for a home.  Your offer will be stronger in the eyes of the seller, because it is more secure.

In order to determine the mortgage amount for which you may qualify, lenders will request to review the following information:

Credit score

Two most recent tax returns

30 days of most recent paystubs

Last 2 years’ W2 forms and/or complete federal tax returns

Recent copies of asset statements

Current mortgage statements and/or leases on rental properties

Copy of photo IDs

Contact me to learn more and obtain your FREE pre-qualification.

Once this information is reviewed, your lender will tell you the approximate maximum loan amount for which you could expect to qualify. This amount is based on an analysis of your financial situation.

With a pre-qualification in hand, you can start shopping for a home that meets your needs and budget.

If the realtor you pick suggests you use the in-house lender, know that you have other options. You want to be sure you select an experienced mortgage consultant who will help you find the right mortgage option. Additionally, you want to be sure your mortgage consultant will work hard for you and get you to the closing table on time with as little hassle as possible.

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About Nickey

Personal Touch Concierge Service is a multi-virtual assistance company that assists businesses and entrepreneurs with the day-to-day operation of their businesses, social media strategy and management, bookkeeping, and website design and maintenance. With over 25 years' experience in the legal and corporate fields, there is virtually nothing we can't accomplish for you. Transcription, word processing, proofreading, administrative duties, scheduling, research, keyword research and implementation, website content writing, email management, event planning - we can assist you with all the tasks you don't have time to do yourself. Because your time is valuable and you have your business to run!
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