Get Pre-Qualified

Pre-qualification is the process in which a borrower is determined to have enough cash and income to meet the requirements of a loan. It is the first step in getting a mortgage, and is just shy of getting pre-approved, which entails a more extensive verification of your creditworthiness, financial background, and means to purchase a home.

By contrast, getting pre-qualified only requires providing the lender with a basic, overall idea of your finances, such as your income, assets, and debt. With this information, the lender can provide you with a rough idea of the mortgage amount that you qualify for, although this will not be finalized until the pre-approval stage.

Pre-qualification not only gives you an idea of the mortgage amount you can expect, but it’s a crucial chance to explore your goals, needs, and which available mortgage options or programs may be best suited for you. When you get pre-qualified with Legacy Park Mortgage, you’ll enjoy a quick and effortless start on the mortgage application process. We’ll get to know your circumstances and aspirations, and work hard to deliver the best mortgage loan options.

Buying or refinancing a home is not something to be taken lightly. We know it is a big decision that requires a lot of planning and preparation. Getting pre-qualified with Legacy Park Mortgage will put you on the path towards a sound and opportune closing. To learn more, email us at info@legacyparkmortgage.com or call us at (305)901-1791.