Why Get Pre-Qualified?

1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use information you provide about your credit, income, assets and debts to estimate how much mortgage you can afford. The Process of getting pre-qualified is quick and 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. The next step after getting pre-qualified is to get pre-approved.  Your lender will pull a three-bureau credit report (called a tri-merge) showing your credit score and credit history as reported by third-party, respected institutions. Your report will determine which loan type & amount for which you qualify. This pre-approval will save you a lot of time since you will be able to focus exclusively on houses in your price range.

4. These days most sellers will NOT accept an offer without a pre-approval letter, so if you are serious about buying a home this is the first step! 

Local Tucson Lenders:

Nova Home Loans

Sun Street Mortgage

Long Mortgage

Guild Mortgage

Fairway Independent Mortgage Corporation


Get More Information:

example@me.com

By clicking Submit, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.