Why it's Important to Pre-Qualify

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Even if you haven't so much as researched homes to view yet, it's important to contact your mortgage professional first. What for? When you do not know yet how much house you want to qualify for, how can we help?

Pre-Qualify

We will help you see how much of a mortgage loan you can afford, and how much money you can borrow, by walking you through the pre-qualification process. We do this by analyzing your income and debts, your employment and residence circumstances, your funds available for a down payment, required reserves, and other considerations. We require a minimum amount of paperwork, with a quick process.

After you qualify, we present to you what's called a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), that documents the fact that we are partnering with you to find the ideal loan program to meet your financial needs and that we're confident you'll qualify for a mortgage loan for a specific amount.

Power in the Pre-Qual

After you locate a house that is ideal for you, and you decide to put together an offer, being pre-qualified for a loan will do several things. First, it helps you know how much you can offer. Even more important to the present owner, your pre-qualification status gives them confidence - as if you had come to their house with a big box of cash to make the offer! They need not wonder if that they are wasting their time if you can't have the ability to qualify for a high enough mortgage loan. The seller of the home won't worry if he can trust you to qualify for your mortgage in the amount you will need.Your qualifying for your needed loan amount will not cause them concern. You have the ability to back your offer up.

We help with your pre-qualification

We can help you see how much of a mortgage loan you can afford, and how much money you can borrow, by taking you through the pre-qualification process. In this process, we calculate your capacity to borrow - looking at your earning status, available money for down payment, existing debt, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.

Face to Face

You can certainly use the mortgage calculators available on our website to calculate the size mortgage you can afford - but it's also valuable to talk with one of our mortgage professionals. We can work toward your pre-qualification letter. For another thing, we might locate a different mortgage program that fits your needs better. Let us get you started: Contact us at 6507631924.

Have questions about pre-qualifying? Call us at 6507631924. It's our job to answer pre-qualification questions, so we're happy to help!

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Norcal Capital Group, Inc

1369 El Camino Real
Millbrae, CA 94030