Why Pre-Qualify?

	Are you looking for a new mortgage loan? We'll be glad to answer your questions about your mortgage needs! Call us at (817) 366-8666. Ready to begin? Apply Now.

It's important to consult with your mortgage professional early — even before you've begun narrowing down neighborhoods. Why? What can we do for you if you have not negotiated a price, and don't know yet the amount you need to borrow?

We Can Help You Pre-Qualify

When we pre-qualify you, we help you find out the amount in mortgage payments you can afford, and the loan amount you can qualify for. This process outlines your financial situation - your debts, income, employment, and cash available for down payment, among other things. We ask for a minimum amount of paperwork, and avoid a lengthy process.

After you are considered eligible, we prove our confidence in your capacity to qualify for a loan by giving you a Pre-Qualification Letter (also called a "pre-qual").

Buying Power

Armed with your pre-qualification letter, some advantages are yours once you locate the house you want to put together an offer on. First, it lets you know the amount that you can offer. More important to the home seller, your being pre-qualified is like your having entered their front door with a suitcase full of cash ready to purchase the house! They need not worry that that they're wasting their time if you won't be able to have the ability to qualify for a high enough mortgage. The seller of the home won't be concerned that he can't trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount will not be something for them to lose sleep over. They have a virtual guarantee that they can trust your ability to back up your offer.

We will help you pre-qualify

When we pre-qualify you, we help you find out the amount you can afford in monthly mortgage payments you can afford, and the loan amount you can qualify for. We will accomplish this by analyzing your debts and income, your employment and residence circumstances, your funds available for down payment, required reserves, and some other things. It's a quick, thorough process with minimal risks for papercuts.

One on one

It's vital to sit down and talk with us, even though you are free to also use the helpful mortgage loan calculators on our site. For one thing, you'll want a Pre-Qualification Letter! For another thing, we might locate a different mortgage choice that better fits your needs. Contact us at (817) 366-8666 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at (817) 366-8666. FNB Town Square Mortgage answers pre-qualifying questions every day.