The first thing to do when Buying a Home is to determine the size of the loan you can afford with Pre-Qualified Financing.
Aside from financially guiding your search, Pre-Qualified Financing allows the seller to see that you are serious about buying a home. Pre-Qualification also allows the buyer to have a realistic understanding of what price point he or she can afford to negotiate towards.
The process is essentially the same for all lending institutions. Simply fill out the Pre-Qualified Financing application form and provide a verification of employment and salary to get the process started. With these documents, the Financing Institution(s) of your choice will determine what size of a loan you can afford by calculating your permissible monthly payment in reference to your monthly income.
You can drop off the completed form along with the required documents at any of the Banking Centers. However, the best course of action is to arrange a meeting with one of our Mortgage Consultants to ensure the best mortgage financing option for you.