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.
Nadine Feldman NMLS#588941
Nadine is an experienced Licensed Mortgage Professional who’s been helping people obtain their goal of home ownership for over 14 years. She specializes in Ocean/Atlantic Counties, but works all over the state of New Jersey. Nadine has been a resident of Little Egg Harbor Township for over 25 years. Nadine is distinctive from the rest; she makes sure her clients understand the mortgage process and is honest from the beginning insuring that the client gets into the right mortgage to fit their needs. This honest, hardworking Mortgage Expert is one of kind you’ll want to work with!