1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.
2. While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
Jay Austin, President, Licensed Mortgage Professional MLO #20860
*Get the FREE "Pre-Approval Letter" fill out form below or call us 1 (800) 693-0001
When planning to buy a home, it’s a good idea… to speak with one of our Loan Advisors first. Together we can figure out how much your payment will be and what price range would be affordable for your home buying budget. We'll also answer any questions you may have and provide sound advice, so that you'll be an informed home buyer.
Do you want to be in a stronger position as a buyer? New listings, just coming on the market, are now selling quickly with multiple offers. When you have a Pre-Approval letter in hand, it shows Sellers that you’re a serious Buyer and are ready to act. You don’t miss out to a competitive offer because you’re not ready with mortgage pre-approval… especially on a weekend when other buyers are placing offers on the perfect home. Just fill out the form below to get a FREE Mortgage Pre-Approval Letter.
We make getting a mortgage loan easy... Let us help you find the loan program that best fits your individual needs. We have a team of Licensed Professionals that will answer any financial questions you may have, just call 1 800 941-5616 for a free consultation.
Mortgage Shopping 101 Free Booklet Call and ask for your free copy.
When considering your financing options, you'll want to review many different things about the loans offered to you. We offer a free booklet that will explain many options. Call or email Advice@StarMortgage.com and ask for your FREE copy. Get the FREE Booklet today "Mortgage Shopping 101"
*Get a FREE Pre-Approval Letter Today...
*(Specific documentation is required for submission to a lending institution to obtain a Pre-Approval Letter from a Lender)
Just call us 1 (800) 941-5616 or fill out the form below