Take Advantage of Loan Pre-Qualification

The Advantages

Know how much house you can afford.
Know how much cash you will need for the down payment.
Simplifies pre-approval.

A number of factors determine the price range of homes you'll want to preview - one of these factors is loan pre-qualification.
Items considered when pre-qualifying for a mortgage loan include:

  • Employment History
  • Credit History and Scores 
  • Monthly Income and Expenses

It's important to check out several lenders and lending programs that are available that can be tailored to your needs. 

 

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