Why Get Pre-Qualified?
- Pre-qualification is a simple, fairly quick "dry run" of the loan application process. The lender will take the details you provide about your credit, assets, income and debts to arrive at an estimate of how much mortgage you can afford. This process may take only minutes or a few hours at most, and is free!
- A pre-qualification is non-binding to the lender (because the information you provided has not been verified), it serves as a great indication to sellers of your creditworthiness.
- A lot of sellers in today's market WILL NOT accept an offer without at least a pre-approval letter. If you are serious about buying, this is the first step towards getting a new home.
Applying for a home loan in Monroe LA is quick and easy, Contact Us for more information!