It does not matter whether you are a first time home buyer or you already own a home and are purchasing a new home, before you start looking at homes, you need to have a good idea of what you can afford. A prequalification takes the guesswork out of house hunting and can save you much time and trouble by making certain you are looking in the correct price range.
Pre-qualification strengthens your overall picture as a buyer. When you are prequalified you have more negotiating power with the seller and can save thousands of dollars as a result of being in a better negotiating situation. For sellers, an offer from someone who has pre-qualified is to be preferred over an offer from someone who has never met with a lender and thus has little idea of what might or might not be affordable. More over, sellers are often advised to only accept offers from buyers who are pre-qualified for their home loan.
Many real estate agents will not begin working with you unless you get prequalified. By pre-qualifying you demonstrate to agents that you're serious and that you are able to secure financing. Pre-qualification is free of charge, and does not place you under any obligation.
NOTE: The fields with a red asterisk must be completed or the prequalification cannot be performed. Additionally, completing this pre-qualification application indicates your approval for our company to run credit report(s) on the applicant(s).

