Getting Pre-qualified

Most Real  Estate agents and Lenders recommend that home buyers get pre-qualified with a lender before selecting a home to purchase.  This way you will have the best information about the right price range for your pocket book.

Reasons to get pre-qualified...

With pre-qualification, you can determine which loan program best fits your needs and which programs you qualify for.

You will know exactly how much you qualify for.  It's no fun to find your ideal home and then find out you can't afford it.

Your monthly payment will be set.  This will allow you to budget your money before making this large investment.

It shows you what the down payment and closing costs will be.

If you are a first-time home buyer, you may be able to qualify for a special first-time home buyer program which may allow you to afford more home for your money.

If you feel you would like and can afford a higher mortgage payment but are not able to meet qualifications, co-mortgage financing may be made available to you.

We are currently in a strong market.  It is not uncommon for a seller to receive multiple offers on a home at the same time.  This being said,  if you are pre-qualified, this will put you in a stronger negotiating position.

How to get pre-qualified for free 

You can choose to either...

Print out the Uniform Residential Loan Application. Fax it, drop it by, or mail it to our office.  Once you complete this simple form, we will submit it directly to a lender that best suits your needs. (Dont worry if you have less than perfect credit.  We have multiple lenders we work with that may still have a program acceptable to you.)  We will contact you personally once we receive the results.

OR 

To apply on line through Wallick and Volk, Joanne Demorest just CLICK HERE and she will immediately process your loan application and get in touch with us on the best loan options for you!

OR

Give me a call and I will be happy to get you pre-qualified.