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.

Jason Sykes is a Mortgage Loan Officer with Loan Depot. NMLS# 75787  Jason has received national and local recognition as a top mortgage originator since beginning his career in 1998. During his career he has received numerous awards for outstanding production and leadership. With his vast knowledge of mortgage products and programs, Jason works tirelessly to find the perfect option for his clients needs. Active in the community, Jason is a member and Deacon at Crossgates Baptist Church. Jason's #1 passion is helping his clients finance their dream home.