Click on a step to read more about the step and read a more detailed explanation

Step 2 : Get Qualified With Us
(This step takes an estimated 1-2 days)

Your loan application, credit report, and documents are important but not as important as our need to understand the monthly mortgage amount you are comfortable paying. Your comfort level combined with your documents allow us to calculate and determine how much home or investment you can buy considering your current personal and financial situation.

You can be prequalified over the phone, in person, or using our online application (currently under construction). Being prequalified or better yet preapproved gives you many benefits including the following :

• Informing you of your maximum buying power. This helps save you time and energy when looking for your home or real estate investment by narrowing your search down to focus on what you can afford and what will make the most financial sense for you and your future.
• Strengthen your offer. A professional prequalification or preapproval letter from your mortgage broker or lender is a strong confirmation to the seller that you are able to truly afford the property. It also implies that you have begun the mortgage process and so they have an assurance that you will not have a problem obtaining a loan once the process is underway.
• Streamlines the process. Because you will have produced the basic information and documents during the prequalification process, the rest of the process will be somewhat simpler with less steps to take. The mortgage consultant already knows your situation and will be able you the loan that you require.

Please keep in mind that if you would like to take it one step further and get pre-approved, this step may take anywhere from 1-5 additional days.

Please remember that if you have any questions about the process, feel free to contact us any time!

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