Be a Super Hero
Getting pre-qualified for a mortgage is a smart first step.
Would you walk into a restaurant with no way to pay? Of course not. Likewise, you need to start shopping for your new home knowing exactly how much you can afford and how much you can borrow. Don’t wait until you’ve already fallen in love with a property. Talk to Zachery Adam at Prime Mortgage Lending, Inc. to get pre-qualified today, before you start house hunting.
For Questions: Call (828) 348-1907
At Prime Mortgage Lending, Inc. getting pre-qualified means running and evaluating your credit report, something that usually happens only when you want to pre-apply for a mortgage. It also means you will be asked to supply your loan officer with proof of your finances. Being so thorough now saves you time later in the process. It also gives you peace-of-mind because you can rely on the amount for which you pre-qualify.
So when you are pre-qualified for a mortgage at Prime Mortgage Lending, Inc. it’s worth more than a pre-qualification anywhere else. You still get a “pre-qualification letter” that tells you how much Prime Mortgage Lending, Inc. is willing to loan you, and the due diligence that went into that letter means you can make an offer on a home with confidence.
Pre-Approval vs. Pre-Qualification
Pre-qualification at any other lender, independent or not, often is just a rough guess at how much that institution would be willing to lend you. It guarantees nothing because pre-qualification usually is based on guesses about your income, debts and assets. Prime Mortgage Lending, Inc. asks you to substantiate that information upfront so that your pre-qualification means a lot more. They prefer to leave the guessing out of the equation.
Of course, you always have the option of completing the entire pre-approval process. It does position you as a serious, well-prepared homebuyer, which will impress many sellers and Realtors. But a pre-approval takes more time than a typical pre-qualification. Pre-approval goes through the same process and requires the same documents as actually applying for the loan, but without a specific property address identified.
To get pre-qualified for a mortgage loan with Prime Mortgage Lending, Inc. you need to submit the documentation your loan officer requests. Every case is different, but you can get a sense of what you need on our extensive Document Checklist page. You rarely need everything, only what’s pertinent to your situation.
If your situation is unusual or tricky — with complicated tax returns or multiple sources of income — your loan officer notifies the underwriters ahead of time to speed up the review process. Once you have been pre-qualified, you can find a house and enter into a contract knowing you have the loan almost in hand. The pre-qualification process speeds up the loan process tremendously.
At Prime Mortgage Lending, Inc. the goal is to Close on Time ~ Every Time. Pre-qualification can help make it happen for you.
Advantages of Pre-Qualification
Another advantage of getting pre-qualified for a mortgage is that the process often helps Zachery Adam and his Team determine the best type of mortgage loan for your situation. Prime Mortgage Lending, Inc. offers many different types of mortgage loans. With us, you have an ally looking out for your best interests for your mortgage.
How we can help you
Although labeled an independent mortgage lender, Prime Mortgage Lending, Inc. is not a one-man operation. Zachery Adam and his Team has the support of a streamlined operation, with professionals who assist in every phase of the loan process. His team includes an appraisal vendor, loan processors, underwriters, closers and even the CEO or president if needed. When you choose to work with Zachery, you get the support of his team as well.
It’s important to Zack that he and his team are approachable and can provide assistance to home buyers who are often inundated with misinformation about the financial picture and mortgage options. In an automated culture reliant on digital communication, it’s time to put the human element back into these conversations. He could never be behind the scenes.
Today, Dan likes working with first time home buyers to help them through the often intimidating process of buying a home. In just the time he’s been with Prime Mortgage Lending, Inc., Dan has been able to work with a number of diverse products including USDA, FHA, and VA loans. This has given him great insight very quickly about the best ways to work with homebuyers.
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Best loan to fit your situation
If you’re shopping for a house and mortgage today, you have more choices than ever before. Independent mortgage lenders, like Prime Mortgage Lending, Inc. provide a full range of loan products and competitive rates. The most effective independent mortgage lenders work with you to get the best loan to fit your situation. Learn more about your mortgage loan options; schedule a face-to-face consultation with Prime Mortgage Lending, Inc today. There’s no obligation.
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I am a first time home buyer.