Why Pre-Qualification is Important

Searching for a loan? We will be glad to assist you! Call us at 6507631924. Ready to begin? Apply Now.

It's important to consult your mortgage loan professional early — even before you have started researching neighborhoods. Why? What can we do for you if you have not negotiated a purchase amount, and don't yet know how much you want to borrow?

We Can Help You Pre-Qualify

When we pre-qualify you, we help you figure out how much of a monthly mortgage payment you can fit in your budget, and the loan amount you will qualify for. During the process, we calculate your ability to borrow - analyzing your job, money available for down payment, debts, income, and other areas. We will require a minimum amount of paperwork, with a short,basic process.

Once you qualify, will give you a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), which documents the fact that we are helping you to find the right mortgage loan to fit your needs and that we are confident you'll qualify for a mortgage for up to a certain amount.

Buying Power

After you locate a house that catches your eye, and you decide to make an offer, being pre-qualified for a mortgage loan will do a number of things. First, you have some general numbers in mind, as the total you will qualify for on your loan. More important to the current home owner, your being pre-qualified is like your having entered their house with a bag full of money ready to make the deal! They won't need to wonder if they're wasting their time if you won't be able to be able to qualify for a high enough mortgage. The seller won't be concerned that he can't trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount won't cause them concern. They have a virtual guarantee to trust your buying power.

We will help you pre-qualify

We will help you calculate how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by walking you through pre-qualifying. We do this by reviewing your debts and income, your work and residence circumstances, the available funds for down payment, required reserves, and some other things. We as for a minimum amount of paperwork, and avoid a lengthy process.

One on one

While you can use our tools to calculate mortgage variables on our site, it's a good idea to meet with one of our mortgage professional team members. That way, we'll be able to help you get your pre-qualification letter. For another thing, we could be able to locate a different mortgage loan option that better fits your needs. Contact us at 6507631924 to get started.

Have questions about pre-qualifying? Call us at 6507631924. Norcal Capital Group, Inc answers pre-qualifying questions every day.

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question

Norcal Capital Group, Inc

1369 El Camino Real
Millbrae, CA 94030