When to Speak to Your Mortgage Professional
Shopping for a mortgage? We'll be glad to answer your questions about your mortgage needs! Call us at (443) 619-7900. Want to get started? Apply Now.
It can be helpful to visit with a mortgage loan pro first, even before you've decided what sort of house to search for. Why? It might be difficult to fathom the way we could help even before you start to calculate your offer.
Our mortgage professionals will help you calculate how much of a loan you can qualify for and the monthly mortgage payment amount you are able to afford by helping you pre-qualify. This process outlines your current financial situation - your debts, income, job, and cash available for down payment, among other things. It is a short, thorough process with minimal risks for papercuts.
When you are considered eligible, we prove our confidence in your capacity to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also called a "pre-qual").
Various beneifits open to you once you've found your new house, and have pre-qualification. The first is that you can know the amount you'll be able to afford when determining your offer.
Your pre-qualification also will make your offer more attractive to the seller, like you were bringing them a suitcase full of cash! They will not need to wonder if that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller won't wonder if he can count on you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount won't be something for them to fret over. They have a virtual guarantee that they can trust your buying power.
We will help you pre-qualify
When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can fit in your budget, and how much we of a loan you will qualify for. In the process, we calculate your capacity to borrow - analyzing your earning status, money available for down payment, existing debt, income, and other circumstances. It is a short, thorough process with minimal risks for papercuts.
Face to Face
You can always use the calculators here on this website to calculate the size mortgage you can afford - but it's also valuable to meet with us. For one thing, you will want a Pre-Qualification Letter! Next, we can review your mortgage program choices and make sure you have chosen the right one. Let us get you started: Call us at (443) 619-7900.
Have questions about pre-qualifying? Call us at (443) 619-7900. Hawk Mortgage Group answers pre-qualifying questions every day.