The NHL Mortgage Group is a local boutique Texas mortgage lender that focuses on RAVING fan customer service and GREAT mortgage rates!
Shopping Basket
Your Basket is Empty
Quantity:
Subtotal
Taxes
Delivery
Total
Need a mortgage prequalification letter? Call us NOW at 469-363-3298!
Blog
Blog
Are you Pre-Qualified?
| Posted on 11 August, 2017 at 11:30 |
Shopping is fun and shopping for a house is no exception. Driving around neighborhoods, searching local listings online, and looking at interior photographs are all great ways to become informed about the real estate offerings in your area. But when you get ready to seriously shop for a home with the intent to purchase, your selection process needs to be precise so that you don’t fall in love with a house that is outside of your budget.
That’s where pre-qualification comes in. It is the first step in purchasing a house, something to do even before you contact a realtor. In fact, some realtors won’t even show you a house if you aren’t pre-qualified. The process is fairly simple (think income, assets, debts) and allows a mortgage company to determine the maximum amount of money they’ll loan you so that you’ll know what homes are within your budget. Once a lender pre-qualifies you, you will get a letter that provides your realtor with this information to help facilitate the home selection process.
Being pre-qualified also enables you to make an offer on a house so that when you do find the house of your dreams, you’ll be ready. Oftentimes, the seller looks at the pre-qualification letter to decide whether or not they want to accept the offer. In a hot market where sellers receive multiple offers on a house, the terms of the loan outlined in the letter and the mortgage company that issued it are often taken into account when deciding which offer to accept. Sellers want to ensure that the sale isn’t going to fall through because of the buyer’s financing and a strong pre-qualification letter is a good way to show the seller that you are serious.
The mortgage experts at Team Neal can walk you through the pre-qualification process. There will be some paperwork and they will ask for information about your income and expenses to evaluate what amount will work with your budget. Then they will take the information you provide and use it to get an idea of how much money a bank will loan you for a house. This will help you narrow your search and be ready to make an offer when you do find the house that’s perfect for you.
Categories: Mortgage Approval Process, Looking for "the" home, First Time Homebuyer
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
10342 Comments
Reply
kyrie 5
23:41 on 12 January, 2021
I precisely desired to thank you so much once again. I'm not certain the things that I might have gone through in the absence of the actual tips and hints revealed by you regarding my concern. It absolutely was the scary crisis in my circumstances, nevertheless taking note of this skilled mode you solved it made me to jump for contentment. I'm just thankful for your advice and thus sincerely hope you recognize what a powerful job you are accomplishing training people all through your web site. Most probably you have never encountered any of us.
kyrie 5 http://www.kyrie5.org
kyrie 5 http://www.kyrie5.org
Reply
jordan 11
23:39 on 12 January, 2021
I must express thanks to you just for bailing me out of such a trouble. As a result of checking through the the net and seeing concepts that were not helpful, I was thinking my life was well over. Living without the solutions to the problems you've solved by way of your main article is a serious case, as well as the ones that might have in a wrong way affected my entire career if I hadn't come across your blog post. Your main expertise and kindness in taking care of all the stuff was crucial. I am not sure what I would've done if I hadn't come upon such a point like this. I am able to at this moment relish my future. Thanks for your time very much for your skilled and results-oriented help. I won't think twice to recommend the blog to anyone who desires counselling about this issue.
jordan 11 http://www.jordan11retro.us.com
jordan 11 http://www.jordan11retro.us.com
Reply
BkedeViepT
22:45 on 12 January, 2021
pharmacie de nuit autour de moi, therapie cognitivo-comportementale schizophrenie pharmacie de garde fecamp . pharmacie de garde aujourd'hui agen, pharmacie beaulieu nantes pharmacie avignon test covid therapies with scoliosis pharmacie fins annecy https://is.gd/LnAwoG# medicaments zinc, pharmacie bordeaux centre ville pharmacie aix en provence la rotonde . pharmacie de garde unieux, pharmacie de l'avenue argenteuil chu amiens pharmacie essais cliniques comprar Viagra Viagra en Espana formation therapie act lyon pharmacie bourges aeroport .
Reply
MarkIcent
22:07 on 12 January, 2021
albuterol tablets over the counter cost of ivermectin tretinoin cream 0.25 mg generic prednisolone medicine azithromycin 500 mg ivermectin oral doxycycline for sale uk lexapro 2.5
Reply
WarrenStimi
18:43 on 12 January, 2021
Hello there! canadian online pharmacy for cialis excellent web site.
Reply
Jahesnes
18:14 on 12 January, 2021
cialis online usa report
cialis tadalafil for women board.cgi?id=
liquid cialis
- cialis daily
https://cialisboss.com/# - show cialis working
tadalafil, cialis
cialis tadalafil for women board.cgi?id=
liquid cialis
- cialis daily
https://cialisboss.com/# - show cialis working
tadalafil, cialis
Reply
pandora jewelry
16:26 on 12 January, 2021
I precisely wished to thank you very much again. I do not know the things that I could possibly have done in the absence of the tips discussed by you about such a area. It was actually a daunting difficulty in my position, but being able to see the very specialised form you treated the issue forced me to jump for contentment. I am just thankful for your advice and even have high hopes you find out what a great job you are undertaking educating the others with the aid of your blog. Probably you've never got to know all of us.
pandora jewelry http://www.outletpandora.us.com
pandora jewelry http://www.outletpandora.us.com
Reply
curry
16:26 on 12 January, 2021
I am also commenting to make you be aware of what a exceptional discovery my cousin's child enjoyed reading through your web page. She came to find many issues, not to mention what it's like to have an incredible helping spirit to get others without problems gain knowledge of selected very confusing things. You truly exceeded our own expected results. I appreciate you for distributing those invaluable, trustworthy, revealing and even fun guidance on that topic to Kate.
curry http://www.curryshoes.us.com
curry http://www.curryshoes.us.com
Reply
curry 5 shoes
16:26 on 12 January, 2021
I have to convey my affection for your kind-heartedness giving support to men and women who should have guidance on this important niche. Your very own dedication to passing the solution all over was extraordinarily practical and have constantly made ladies much like me to get to their aims. This insightful information implies a lot a person like me and substantially more to my office workers. With thanks; from all of us.
curry 5 shoes http://www.curry5.us.com
curry 5 shoes http://www.curry5.us.com
Reply
curry shoes
16:26 on 12 January, 2021
My spouse and i ended up being fortunate when John could complete his investigation with the ideas he made out of the web pages. It is now and again perplexing to just happen to be giving away secrets and techniques which usually other people could have been selling. And we also consider we have got the blog owner to appreciate because of that. The type of explanations you have made, the straightforward web site menu, the friendships your site aid to foster - it's mostly sensational, and it is facilitating our son in addition to us believe that the subject matter is fun, and that's truly fundamental. Thanks for all the pieces!
curry shoes http://www.curryshoes.net
curry shoes http://www.curryshoes.net
Reply
canada goose outlet
16:25 on 12 January, 2021
I am glad for commenting to make you know of the notable experience my wife's girl enjoyed visiting your site. She discovered such a lot of details, with the inclusion of how it is like to have an excellent giving mood to let other people with ease know precisely several hard to do matters. You really exceeded our own expectations. I appreciate you for providing these valuable, healthy, revealing as well as easy tips about that topic to Emily.
canada goose outlet http://www.canadagoosejacket.us.org
canada goose outlet http://www.canadagoosejacket.us.org
Reply
supreme new york
16:25 on 12 January, 2021
My husband and i felt really happy that John could deal with his investigations with the precious recommendations he came across while using the web site. It's not at all simplistic to just continually be releasing guidelines which usually many people could have been making money from. And now we take into account we need the website owner to give thanks to for that. Most of the explanations you have made, the straightforward web site menu, the relationships you aid to create - it's most astounding, and it is making our son in addition to our family reason why this concept is thrilling, and that's truly indispensable. Many thanks for the whole thing!
supreme new york http://www.supremenewyork.us.com
supreme new york http://www.supremenewyork.us.com
Reply
supreme
16:25 on 12 January, 2021
I definitely wanted to construct a small message to express gratitude to you for all of the amazing tricks you are giving on this website. My rather long internet look up has at the end been rewarded with high-quality tips to write about with my best friends. I would assert that many of us readers are undoubtedly endowed to dwell in a very good site with many perfect professionals with great ideas. I feel really privileged to have discovered your entire weblog and look forward to tons of more fabulous moments reading here. Thanks once more for all the details.
supreme http://www.supremes.us.org
supreme http://www.supremes.us.org
Reply
golden goose
16:25 on 12 January, 2021
I really wanted to write down a quick note in order to appreciate you for all the unique ideas you are showing here. My rather long internet investigation has now been compensated with sensible facts and strategies to exchange with my co-workers. I 'd believe that we visitors actually are very blessed to be in a remarkable website with many perfect professionals with helpful plans. I feel truly blessed to have discovered the webpage and look forward to really more entertaining moments reading here. Thank you once more for everything.
golden goose http://www.goldengoosesneakers.us.com
golden goose http://www.goldengoosesneakers.us.com
Reply
Xvneac
16:12 on 12 January, 2021
ed medications http://edpropls.com/ ed cures that actually work Fodjlo eyltri
Reply
AlanIcent
14:48 on 12 January, 2021
canada pharmacy cialis best retin a cream prescription where can i buy generic zithromax amoxicillin price in usa 875 amoxicillin 125 finasteride 5mg pill cost of plaquenil prednisone 80 mg tablet phenergan 20 mg cialis 5mg for daily use
Reply
supreme
8:39 on 12 January, 2021
I am also writing to let you understand of the helpful experience my princess had browsing your site. She picked up plenty of issues, most notably what it is like to have a wonderful teaching heart to have others smoothly have an understanding of specified multifaceted issues. You actually surpassed my expectations. Thank you for showing those valuable, trusted, informative as well as unique tips on your topic to Jane.
supreme http://www.supremeclothing.us.org
supreme http://www.supremeclothing.us.org
Oops!
Oops, you forgot something.