Why Pre-Qualification is Important

Are you looking for a new mortgage loan? We'll be glad to discuss your mortgage needs! Call us at 714-970-9700. Ready to get started? Apply Now.

It's helpful to consult with your mortgage loan professional as soon as possible — even before you've started to research neighborhoods. Why? If you don't know yet how much home you want to qualify for, how could we help?

We Can Help You Pre-Qualify

We can help you find out the loan amount you can qualify for and the mortgage payment amount you are able to afford by getting you pre-qualified. During this process, we calculate your ability to borrow - looking at your employment, available money for down payment, existing debt, income, and other circumstances. It's short and basic; We take pride in keeping the paperwork to a minimum.

When you qualify, will present to you a Pre-Qualification Letter (your real estate agent might refer to it as a "pre-qual"), that says that we are helping you to find the best mortgage loan to fit your situation and that we are confident you'll qualify for a mortgage loan up to a certain amount.

Power in the Pre-Qual

Several advantages open to you once you've found your new house, and have achieved pre-qualification. First of all, you have some concrete numbers in mind, as the total you will be able to borrow. Of greater importance to the existing home owner, your pre-qualification is like your having walked into their front door with a suitcase full of cash ready to purchase the home! They will not need to worry that that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. The seller won't be concerned that he won't be able to count on you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary mortgage loan amount won't cause them concern. They have a virtual guarantee that they can trust your ability to back up your offer.

We help with your pre-qualification

Our mortgage professionals can help you calculate how much of a loan you can qualify for and the monthly payment amount you are able to afford by helping you pre-qualify. The process outlines your finances - your debts, income, career, cash available for down payment, among other things. We will require a minimum amount of paperwork, with a short, basic process.

One-on-One

It's vital to sit down and meet with us, even though you are welcome to also use the helpful mortgage calculator tools on our website. That way, we will be able to help you get your pre-qualification letter. For another thing, we may locate a different mortgage choice that fits your goals better. We are waiting to hear from you: contact us at 714-970-9700.

Have questions about pre-qualifying? Call us at 714-970-9700. American Commerce Mortgage answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.