Why Pre-Qualification is Important

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It is valuable to consult your mortgage loan professional early — even before you've started to research neighborhoods. What for? What can we do for you before you have made your offer, and do not yet know how much you want to borrow?

We Will Help You Pre-Qualify

We can help you find out the loan amount you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. We will achieve this by considering your debts and income, your work and residence situations, the funds available for down payment, required reserves, and other considerations. It's a short, thorough process with minimal risks for papercuts.

After you qualify, will give you a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), which states that we are partnering with you to find the right mortgage to fit your financial needs and that we are confident you'll qualify for a loan up to a certain amount.

Buying Power

Once you locate the house that catches your eye, and you decide to put together an offer, being pre-qualified for a mortgage loan will do several things. First, it helps you know the amount that you can offer. Your pre-qualification also will make your offer look even better to the home seller, like you were bringing them a suitcase full of cash! They will not need to worry that they have been wasting their time if you do not have the ability to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't count on you to qualify for your loan.Your qualifying for your needed loan amount won't be something for them to fret over. They have a virtual guarantee to trust your ability to back up your offer.

We will help you with your pre-qualification

Our mortgage professionals will help you determine how much of a loan you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. We can achieve this by considering your income and debts, your work and residence situations, the funds available for down payment, required reserves, and other considerations. It is a short, thorough process with minimal risks for papercuts.

Face to Face

It is important to sit down and talk with us, even though you are welcome to also utilize the helpful mortgage loan calculators on our website. That way, we will be able to help you get your pre-qualification letter. Next, we can consider your mortgage program options to make sure you are in the best one. Contact us at (808) 935-0678 to get started.

Have questions about pre-qualifying? Call us at (808) 935-0678. Family Mortgage Company of Hawaii, Inc. NMLS #244497 answers pre-qualifying questions every day.

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