Qualify for a Mortgage
Find out how you can afford. Based on your current financial situation, use our Mortgage Qualifier Calculators to calculate what you can afford today.
Pre-Approval
A mortgage pre-approval can provide a commitment from a lending institution on the maximum loan amount you qualify for. It is not an obligation, only a commitment. Most real estate professionals will not consider your offer on a real estate purchase valid until a pre-approval is presented.
Below is a list of personal financial information needed for pre-approval:
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Salaried/hourly employee: |
Self Employed/Commission: |
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2 years W2's |
2 years tax returns |
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2 months bank statements |
2 month bank statements |
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2 paystubs |
401K, stock, investment info |
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401K, stock, investment info | |
Under
normal conditions, approval can be completed in 24 hours.
Pre-qualify
A mortgage pre-qualification can provide an estimate of what loan amount you can qualify for. It is only an estimate of qualification and should be considered as such. All personal income, credit and cash information will need to be verified by a lending institution before a commitment can be granted for your loan.
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