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.
Lance Hollingsworth Sr. Loan Officer ׀
GMFS LLC 7389 Florida Blvd Suite 200A
Baton Rouge, LA
70806 Office: 225.214.5068
Email : [email protected] www.gmfslending.com
Integrity is the cornerstone of my business. I believe a mortgage should be about building relationships, and helping my customers find the home loan that's right for them. As a GMFS Mortgage Consultant, I'm here to answer your questions so you have a clear understanding of what you can comfortably afford. Many loan officers can help you get a loan. My mission is to help you find the home loan that's right for you.