Reasons to Get 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 a better idea of how much you can afford to spend on your new home.

Reasons to get pre-qualified:

• When you are pre-qualified, you can determine which loan program best fits your needs and financial situation.
• You can avoid the disappointment of finding your ideal home just to learn find you can't afford it.
• Your monthly payment will be pre-determined. This will allow you to budget your money before making this large investment.
• It will show you what the down payment and closing costs will be.
• Pre-qualification will strengthen your bargaining position when you are bidding on a home.

Lender's considerations for pre-qualifications:

• Down payment
• Income
• Length of employment
• Credit history

To get pre-qualified for a TruWest Home Mortgage, please call (AZ) 480.441.5900 or (TX) 512.996.4000.