Step 4: Getting Prequalified for a Mortgage

Print

 

It’s a good idea to get prequalified for your mortgage before shopping for a home. Prequalification involves supplying a lender with basic information regarding your debt, income and assets. From this information, lenders can get an idea of the mortgage amount for which you qualify, and it’s done at no cost at Gold Quest Group.

Being prequalified can help you narrow the range of homes in which you are interested, as it’s another way of knowing what you can afford. It can also help you act fast if a home you’re interested in has a lot of interest. Prequalification shows you are a serious shopper and your offer will be taken more seriously than an offer from someone who has not spoken with a lender.

The initial pre-qualification stage also allows you to discuss with is, any goals or needs you may have regarding your mortgage. Gold Quest Group can then explain your mortgage options and recommend the type that might be best suited to your particular requirements.

It’s easy to get prequalified for your loan at Gold Quest Group. Apply now to get started!

 

Ask a Question

Legal Info

Connect and Communicate

Subscription