The first step in the mortgage process is pre qualifying, which will determine how much a lender will lend you. Most lenders use national guidelines to determine the maximum amount that they will lend. Within the context of these standards, some lenders choose to be lenient and flexible, while others are strict. To pre qualify you, lenders look at the following information:
I have relationships with several lenders that can assist anyone with little or no money to put down to someone with 30% or more to use as a down payment. If you would like to get additional information about pre qualifying for a loan or see how much you can pre qualify for, fill out the Short Form.