Why Get Pre-Qualified?
1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.
2. While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
A proven record of service-
For more than 35 combined years, the Team of Paul and David Khani have been providing the kind of service you expect. Our commitment to responsible lending drives us to make sure you have the information you need to make well-informed home financing decisions. To purchase or refinance with confidence contact us today. Call for a free Pre-approval Paul Khani 718-297-7100 or David Khani 718-297-0500.