Prequalification

A prequalification is an estimate of the maximum amount you can afford to pay for a home.  This is based on credit history, income, debt, and special mortgage programs available. Being prequalifed is a powerful negotiating tool for buying a home.  It is your evidence to the seller that you are in a strong buying position.  If needed, I can assist you in finding a lender who can get you prequalified.

Advantage to You

You will find out what is the maximum you can afford.

Advantage to the Seller

The seller will be confident that the home will be sold without any negative financial surprises.

Advantage to the Real Estate Agent

By knowing how much you can afford, your agent can spend more time searching for the right home that fit your financial limits and desires.