”Thanks for your help financing my new condo. The Closing was a huge sucess.“

-Randall S,
Providence, RI

 

Get Qualified

Getting qualified before you apply for a loan can help you understand how much you can borrow.

When buying a house, you may get pre-qualified or pre-approved. You can typically get pre-qualified over the phone or on the Internet in a few minutes. A pre-qualification is not as beneficial as a pre-approval where you have to go through a more rigorous process, which includes verification of your credit, income, assets and liabilities. It is highly recommended that you get pre-approved before you start looking for a house.

This will help you:

  • Find out the maximum house you can buy, so you don’t waste time looking for properties you can not afford.
  • Puts you in a stronger position when you are negotiating with the seller, because the seller knows that your loan is already approved.
  • Helps you close quickly, since your loan is already approved.