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Deal qualification process for Legal
Deal qualification process for Legal
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my name is Randy bond guard and MLS number eight three two six two two I run a great mortgage team for Christ's mortgage here in the valley in this video I'm going to talk about the pre-qualification process and why it is so important getting pre-qualified is very different from getting pre-approved normally pre-approvals only involve a cursory review of a particular person's situation with little to no documentation involved getting pre-qualified on the other hand involves a much deeper dive into a particular person's situation reviewing all pertinent documentation pulling credit running the automated underwriting system when applicable and reviewing specific loan program guidelines in order to properly submit an offer to purchase a home you'll need a pre-qualification getting pre-qualified is normally a fairly simple process what separates us from most other lenders is the depth and thoroughness of the pre qualifications that we do we will properly evaluate your credit income and assets at this preliminary stage to make sure we get your pre-qualification right and that your particular situation meets all of the applicable guidelines to ensure future loan approval we will discuss with you your loan program options the pros and cons of each what you qualify for but more importantly what you are comfortable with we will also discuss with you funds needed to close what you'll need for down payment and closing costs so that you can start planning or budgeting ingly our goal is to help you understand your situation better and what your options are so that you can make the most informed decision possible getting our pre-qualifications right is the single most important thing that we can do if our pre qualifications are accurate and thorough the loan approval is normally quick and easy it's when the lenders don't do this that the loan approval process can become a nightmare for everyone involved to get started click on the apply Now button on this page or call or text me the phone number shown is myself owner only takes about 15 minutes to get started look forward to helping you [Music]
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