Shopping Basket
Your Basket is Empty
Quantity:
Subtotal
Taxes
Delivery
Total
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should receive an order confirmation from Paypal shortly.Exit Shopping Basket

Blog

Blog

« Back to Blog « Older Entry | Newer Entry »

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!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

10341 Comments

Reply moncler
5:10 on 9 December, 2020 
I in addition to my buddies were actually following the great key points located on your web page and then all of the sudden I had an awful feeling I had not thanked the web site owner for those strategies. My women were definitely consequently very interested to read through them and have now seriously been loving these things. We appreciate you indeed being considerably thoughtful and for making a choice on these kinds of perfect themes millions of individuals are really desirous to know about. Our own honest regret for not saying thanks to you earlier.
moncler http://www.monclersoutletstore.com
Reply adidas yeezy
5:09 on 9 December, 2020 
I needed to write you a tiny observation to give thanks once again for these stunning thoughts you have discussed above. It was certainly wonderfully generous with people like you to make openly exactly what a lot of people would have made available for an e book to help make some cash for themselves, notably considering the fact that you could have done it if you considered necessary. The good ideas also acted as the fantastic way to understand that other individuals have the identical dream much like my very own to understand a little more regarding this problem. I know there are lots of more pleasurable sessions in the future for folks who read through your website.
adidas yeezy http://www.adidasyeezyshoes.com
Reply yeezy 700
5:08 on 9 December, 2020 
I needed to put you a bit of remark to give many thanks again for these stunning ideas you have shared at this time. This has been strangely generous with you to deliver extensively just what many of us could possibly have marketed for an electronic book in making some dough for their own end, most notably considering the fact that you could have done it if you ever wanted. The ideas also served like the easy way to realize that many people have a similar interest much like mine to see whole lot more regarding this condition. Certainly there are lots of more enjoyable instances ahead for people who view your website.
yeezy 700 http://www.yeezy700.us.com
Reply jordan 1
3:49 on 9 December, 2020 
I happen to be commenting to make you understand what a magnificent encounter my wife's girl gained browsing your blog. She learned a wide variety of pieces, not to mention what it is like to possess an incredible coaching heart to let the others clearly have an understanding of various problematic topics. You truly surpassed her expectations. I appreciate you for distributing these necessary, dependable, revealing and also easy thoughts on your topic to Evelyn.
jordan 1 http://www.jordan1shoes.us
Reply kyrie 5 spongebob
3:49 on 9 December, 2020 
I simply needed to appreciate you yet again. I'm not certain what I could possibly have done without the solutions discussed by you relating to that problem. Completely was an absolute scary concern in my opinion, but discovering the well-written mode you handled that took me to cry with gladness. Now i'm grateful for this assistance as well as have high hopes you know what a great job that you are undertaking training most people with the aid of your web site. Most probably you have never got to know any of us.
kyrie 5 spongebob http://www.kyrie5spongebob.us
Reply chrome hearts online store
3:49 on 9 December, 2020 
I am only writing to make you understand what a fine experience my cousin's princess developed visiting your blog. She came to understand such a lot of details, not to mention what it's like to have a wonderful teaching heart to have the mediocre ones just master some multifaceted issues. You really did more than our own expected results. I appreciate you for rendering such practical, healthy, informative and even cool tips about this topic to Julie.
chrome hearts online store http://www.chromeheartstoreonline.com
Reply off white hoodie
3:49 on 9 December, 2020 
Thank you so much for giving everyone remarkably remarkable possiblity to discover important secrets from this site. It really is very kind and stuffed with amusement for me and my office co-workers to search the blog a minimum of thrice in a week to find out the newest guides you will have. And lastly, we're usually impressed for the beautiful creative concepts you give. Certain 2 ideas in this posting are surely the best I have had.
off white hoodie http://www.offwhitehoodies.us
Reply kevin durant shoes
3:48 on 9 December, 2020 
I and also my guys were reviewing the good items located on your website then all of the sudden I got a terrible suspicion I never thanked the blog owner for those techniques. Most of the women were consequently warmed to learn all of them and already have in fact been using them. Appreciation for indeed being very thoughtful and for finding such quality tips most people are really wanting to be aware of. Our honest apologies for not expressing gratitude to sooner.
kevin durant shoes http://www.kd-shoes.us
Reply csi insurance
2:47 on 9 December, 2020 
whole life insurance companies life insurance
Reply supreme clothing
2:26 on 9 December, 2020 
My spouse and i got quite glad when Ervin managed to round up his studies while using the precious recommendations he received while using the weblog. It's not at all simplistic just to be making a gift of points which people might have been selling. We really figure out we've got the website owner to give thanks to for this. The type of explanations you made, the straightforward blog navigation, the friendships you can help foster - it is mostly astonishing, and it's really aiding our son in addition to the family reason why the theme is enjoyable, which is certainly highly vital. Many thanks for all the pieces!
supreme clothing http://www.supremeclothingstore.com
Reply hermes birkin
2:26 on 9 December, 2020 
I wanted to put you that very little observation just to give many thanks over again for your remarkable tricks you've featured on this site. This is really shockingly generous of you in giving unreservedly what exactly most people could have offered as an electronic book to help with making some dough for themselves, most importantly given that you could have done it in case you desired. The concepts likewise worked to become easy way to fully grasp someone else have a similar passion just as my own to figure out way more on the subject of this condition. I know there are lots of more enjoyable sessions ahead for folks who check out your site.
hermes birkin http://www.hermesbirkinbags.us.com
Reply off white clothing
2:26 on 9 December, 2020 
I precisely needed to thank you very much once more. I'm not certain what I might have followed without the actual strategies discussed by you concerning such a question. It was before an absolute horrifying dilemma in my position, but considering your specialised fashion you processed that took me to weep over contentment. I'm happy for the help and in addition believe you find out what an amazing job you have been carrying out educating the mediocre ones all through your webblog. Probably you have never met all of us.
off white clothing http://www.offwhitehoodie.us.com
Reply knezo clothing
2:25 on 9 December, 2020 
I must express my appreciation to this writer just for bailing me out of this type of situation. After exploring through the the web and finding proposals which were not pleasant, I thought my entire life was well over. Living without the presence of answers to the problems you've resolved all through this site is a serious case, and the kind which may have adversely affected my career if I had not come across your web page. Your personal knowledge and kindness in maneuvering the whole thing was helpful. I'm not sure what I would've done if I had not discovered such a point like this. I am able to now look forward to my future. Thanks a lot so much for your expert and amazing help. I won't think twice to suggest the blog to any person who would like assistance about this issue.
knezo clothing http://www.kenzoclothing.us
Reply DavidNobre
0:52 on 9 December, 2020 
safe online pharmacies
online pharmacy us
canadian online pharmacies
Reply Jefffum
0:48 on 9 December, 2020 
levitra for sale no prescription
cialis price walgreens
buy levitra 20mg
canadian pharmacy cialis
buy cialis thailand
buy cialis online legal
cialis forum where to buy
buying levitra online
levitra sale no prescription
generic name for viagra
where to buy cialis online in canada
online pharmacy viagra
viagra buy india
Reply yeezy
0:47 on 9 December, 2020 
I want to express thanks to the writer for rescuing me from this issue. Because of looking throughout the online world and obtaining principles which were not pleasant, I assumed my entire life was well over. Living devoid of the strategies to the problems you have fixed through this article is a critical case, and the kind that might have badly damaged my entire career if I hadn't encountered your website. Your good know-how and kindness in taking care of all areas was useful. I don't know what I would've done if I hadn't come across such a thing like this. I can also at this time look ahead to my future. Thanks a lot very much for this impressive and amazing guide. I won't hesitate to endorse your site to anybody who needs to have tips on this topic.
yeezy http://www.yeezyshoessupply.com
Reply moncler outlet
0:47 on 9 December, 2020 
I intended to post you one bit of note just to give thanks once again relating to the remarkable methods you've shown on this page. This is really surprisingly generous of people like you to make freely what many of us would've offered for an e book to end up making some bucks on their own, and in particular considering the fact that you could possibly have done it if you considered necessary. The inspiring ideas as well acted as a easy way to know that other individuals have a similar dreams similar to my own to understand more with regard to this matter. I believe there are many more enjoyable periods ahead for folks who browse through your site.
moncler outlet http://www.monclersoutlet.us.com
Reply lebron james shoes
0:47 on 9 December, 2020 
My wife and i felt so happy Ervin managed to carry out his reports with the precious recommendations he obtained using your blog. It is now and again perplexing just to possibly be offering helpful hints that the others could have been selling. Therefore we fully grasp we need the blog owner to thank because of that. All of the explanations you made, the easy web site menu, the relationships you will make it easier to promote - it's most unbelievable, and it's really aiding our son and our family reckon that that idea is awesome, and that's exceptionally pressing. Thanks for everything!
lebron james shoes http://www.lebronjames.us.com
Reply jordan shoes
0:46 on 9 December, 2020 
My husband and i ended up being really fulfilled that Chris managed to deal with his basic research because of the precious recommendations he acquired while using the web pages. It's not at all simplistic to simply continually be giving for free things which some people may have been making money from. And now we acknowledge we need the writer to give thanks to because of that. The type of illustrations you made, the simple blog navigation, the friendships your site help foster - it's mostly overwhelming, and it's aiding our son and our family reason why this concept is thrilling, which is certainly highly serious. Thanks for everything!
jordan shoes http://www.jordan13.us.com
Reply kd 12
0:00 on 9 December, 2020 
I wish to express my appreciation to the writer just for bailing me out of such a problem. After checking through the the web and meeting advice which are not helpful, I assumed my life was well over. Living without the solutions to the difficulties you've sorted out through the post is a crucial case, and the ones which could have badly affected my entire career if I hadn't come across your blog post. Your primary competence and kindness in playing with a lot of things was valuable. I don't know what I would've done if I had not discovered such a stuff like this. I can now look forward to my future. Thanks a lot so much for this high quality and effective guide. I won't think twice to propose the website to anybody who needs care about this subject matter.
kd 12 http://www.kd12.org

Categories

0
/
Lightbox image