FREE Prequalification
The importance of getting pre-qualified is so that the buyer/borrower is assured that they will be able to obtain a mortgage for the price range of homes they are looking for. Many realtors make the mistake of showing homes, spending hours, and driving miles on clients, finally making an offer, only to find out their buyer can't qualify for the home.
All buyers at first do not know what they can qualify for. They think they can afford a $500,000 house only to find out that they can only afford $300,000. On the flip side, when a qualified borrower only thinks he can afford $300,000 and then consulting with a mortgage professional, they realize that they can afford an even better house up to $500,000.
