Get Pre-Qualified
André K. ThéWHAT IS PRE-QUALIFICATION?
Pre-Qualification is the process of obtaining an estimate for the amount that you can borrow for your home, based on both a credit check and financial information. A Mortgage Loan Originator will process the pre-qualified similar to a regular loan application and will analyze income, credit score, and debt ratio to provide a maximum purchase price for the buyer. This will allow the buyer to have a clear picture of their buying power when viewing homes.
WHY GET PRE-QUALIFIED?
You should get pre-qualified early on in your home buying journey, because this will provide you information about your true buying power. Knowing your buying power will allow you to not have any what ifs when viewing homes or fall in love with a home outside of your range. You’ll have a clear idea of what you can spend and use that information to make the best, informed decision.
Additionally, one can’t even attempt to make an offer on a home without getting pre-qualified first. This is one of the first steps for purchasing a new home and will make the process of buying a home much easier!
HOW TO GET PRE-QUALIFIED?
To get pre-qualified, you must meet with a Mortgage Loan Originator.
– Previous 2 Years of Tax Returns
– Previous 2 Pay Stubs (not applicable if self-employed)
– Previous 2 Months of Bank Statements
– Drivers License
– Social Security Number
SUGGESTED VENDORS
Lenders:
New American Funding
Loan Consultant, NMLS# 1985041
Pensacola, FL
Office: 850 659 9042
Cell: 850 530 6973
Beach Community Mortgage
Mortgage Loan Originator, NMLS# 197729
Fort Walton Beach, FL
Office: 850 461 1018
Cell: 850 315 4100
LeeAnnA@beachcommunitymortgage.com
Insurance:
Lakewood Financial Services, INC
Licensed Personal Lines Agent
Milton, FL 32571
Office: 941 747 4600
Title & Escrow
Reliable Land Title Corporation
Office: 850 936 5600
Address: 7552 Navarre Pkwy UNIT 2, Navarre, FL 32566
Contact Info
André K. Thé
850-724-0470
akthe@kw.com