When to Speak to Your Mortgage Pro

Are you looking for a new mortgage? We can help! Call us at 562-818-3502. Ready to begin? Apply Now.

It is helpful to consult your mortgage professional early — even before you have started to research neighborhoods. What for? Maybe it's hard to understand the ways we can help even before you begin to calculate your offer.

Pre-Qualify

When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can fit in your budget, and the size of loan you can qualify for. We will do this by reviewing your debts and income, your work and housing circumstances, the available funds for a down payment, required reserves, and some other things. It's quick and to the point; We take pride in keeping the paperwork light.

Once you qualify, will present to you what's called a Pre-Qualification Letter (your real estate agent may call it a "pre-qual"), that says that we are working with you to find the best mortgage loan to meet your needs and that we're confident you'll qualify for a mortgage for a specific amount.

Power in the Pre-Qual

With your pre-qualification letter, some advantages are yours when you locate the house you want to make an offer for. The first is that you will be sure what you'll be able to afford when determining the offer. More important to the seller, your pre-qualification is like your having walked into their house with a bag full of cash ready to purchase the house! They need not wonder if they're wasting their time if you don't be able to qualify for a high enough mortgage. The seller won't worry if he can count on you to qualify for your loan.Your qualifying for the necessary loan amount won't be something for them to worry about. You can have the clout of a buyer ready to make the purchase right now!

We help with your pre-qualification

When we pre-qualify you, we help you decide the amount you can afford in mortgage payments you can fit in your budget, and the loan amount you can qualify for. We can accomplish this by reviewing your debts and income, your work and residence circumstances, the funds available for down payment, required reserves, and other considerations. It's short and basic; and we keep the paperwork to a minimum.

One on one

While you are able to use our tools to calculate mortgage variables on this site, it is essential to meet with one of our mortgage professional team members. For one thing, you will need a Pre-Qualification Letter! For another thing, we could locate a different mortgage option that fits your goals better. We're waiting to hear from you: call us at 562-818-3502.

Have questions about pre-qualifying? Call us at 562-818-3502. TLC Financial Services answers pre-qualifying questions every day.