Getting pre-qualified means you can begin your home buying journey with confidence. You'll have an excellent idea of how much home you can afford, what to expect to pay in your mortgage payment, and actions you can take to make you an even stronger candidate.
By getting pre-qualified, you'll gain a clear understanding of how much home you can comfortably afford. This knowledge allows you to set realistic expectations and focus your search on properties within your budget.
Obtaining pre-qualification provides you with invaluable insight into your potential mortgage payment. You'll have a firm grasp on what to expect in terms of monthly expenses, enabling you to budget effectively and plan for the future.
But that's not all! Pre-qualification also offers you the opportunity to strengthen your position as a homebuyer. Once you receive your pre-qualification letter, you can take proactive steps to enhance your financial profile, making you an even stronger candidate in the eyes of sellers.
Armed with the answers you need, you'll be equipped to shop smart and make confident decisions. Let the journey begin!
Interest Rates Have Increased
Borrowers May Not Qualify
Due to DTI Calculation
Time To Consider
NO RATIO PROGRAM
No DTI calculation
No Income on Application
No Employment on Application
No Tax Returns
No W2s
No 1099
Only Required to Have
as low as 20% Down Payment
80% LTV = 720+ FICO - 12 Months Reserves
75% LTV = 680-719 FICO - 9 Months Reserves
65% LTV = 660-679 FICO - 9 Months Reserves
Funds for Down Payment
Closing Costs
Prepaid’s
Reserves
Primary Residence
Second Home
Purchase
Refinance
Minimum Loan $200,000
