Why Pre-Qualify?

	Shopping for a mortgage loan? We can help! Call us at (203) 284-8022. Ready to get started? Apply Now.

It's important to consult with your mortgage professional early — even before you've started researching neighborhoods. Why? What can we do for you if you haven't made an offer, and do not know yet the amount you need to borrow?

We Will Help You Pre-Qualify

We can help you determine how much of a loan you can qualify for and the monthly payment amount you can afford by helping you pre-qualify. We achieve this by analyzing your income and debts, your work and housing situations, the available funds for a down payment, required reserves, and other financial considerations. It is a short, thorough process with minimal risks for papercuts.

When you are considered eligible, we will prove our confidence in your ability to qualify for a loan by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Buying Clout

Once you find a house that is ideal for you, and you decide to make an offer, being pre-qualified for a mortgage loan will do several things. The first is that you will know what you'll be able to afford when determining your offer. More important to the current home owner, your being pre-qualified is like your having walked into their front door with a suitcase full of cash ready to purchase their home! They won't need to wonder if they are wasting their time if you don't be able to qualify for a big enough mortgage loan. The seller won't be concerned that he can't count on you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the ability to back your offer up.

We can help you pre-qualify

When we pre-qualify you, we help you determine the amount you can afford in mortgage payments you can afford, and how much we of a loan you will qualify for. This process takes you through your current financial situation - your debt, income, career, cash available for down payment, among other things. It's a quick, thorough process with minimal risks for papercuts.

One-on-One

You can certainly use the mortgage calculators on this website to get an idea of how much mortgage you'll be able to afford - but it's also important to meet with one of our mortgage professionals. We can walk you through your pre-qualification letter. Next, we can consider your mortgage loan options to make sure you are in the right one. Let us help you get started: Call us at (203) 284-8022.

Have questions about pre-qualifying? Call us at (203) 284-8022. TriState Mortgage Corporation (NMLS 76453) answers pre-qualifying questions every day.