Pre-qualifying to Buy a Home

It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. You might have an idea of the loan payment you can afford, but your bank may have a different idea.

Here’s what you will find out in the pre-qualification process:

• Exactly how much home or land you can afford
• How much cash you will need for the down payment
• What the bank feels you can afford for a monthly payment
• What loan options are available to you

We help buyers pre-qualify for mortgages every day. Simply call (615) 473-7178 or email us and we will email you a pre-qualification form. Once you fill out the form and submit it to us, we will process the information and get back to you quickly. There is never any charge to you or any obligation on your part. This is all part of our job to offer services such as these.

Shopping for a Mortgage Lender

The most important thing to look for when you are shopping for a Mortgage Lender is not necessarily about finding the lowest interest rates. There are many other factors to consider, including the lender's charges for making the loan, the terms under which the loan will be approved, and the lender's reputation for timely completion of loan applications to meet purchase agreement deadlines.

A professional Realtor will not tell you what mortgage company to use, but they can provide the names of established lenders in the area who have provided good service to their customers. Mortgage Lenders who take good care of their clients and who are dependable when it comes down to going the extra mile, are worth more than gold to a Realtor. Go to our partner links page for two Mortgage Lenders who have proven their worth and are highly recommended by us. If you mention this website to our recommended Mortgage Lenders there will be no charge to you for your credit check.

If you would like to get accurate information on what you can afford in today’s market and current mortgage rates, it’s best to talk directly to a recommended Mortgage Lender instead of using a mortgage calculator. Mortgage calculators are limited in their information and are not always up to date as interest rates and loan options are changing every day.

Bad credit, no credit, or bankruptcy? This doesn’t mean you can’t buy a home. Contact our recommended Mortgage Lenders to find out how. If you mention this website to our recommended Mortgage Lenders there will be no charge to you for your credit check.