You might have an idea of the payment and mortgage you can afford. But will the bank feel otherwise? It's always best to prequalify for a mortgage so you know exactly how much a financial institution is willing to lend you. Many times, buyers are surprised at how much home they can afford. Our advice is to look at what you'd like your monthly payment to be, then go from there.
In the prequalification process, you will find out:
- Exactly how much home you can afford.
- How much cash you will need for the down payment.
- The minimum down payment, and advantages of higher down payments.
- What the bank feels you can afford for a monthly payment.
We help buyers prequalify for mortgages every day. Simply fill out the form below to get started.
Remember: We will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than a qualified mortgage broker. This service is also provided free of charge, and without any obligation on your part. It is part of our job as Realtors.
Once you fill out the form, we will quickly process your information and get right back to you!
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