Why Get Pre-Qualified?
1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is 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. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
Aaron Giarrana-Branch Manager
Phone: (757) 340-0013 ext. 7181
Aaron is a graduate of The Ohio State University where he studied finance and real estate during his Navy ROTC training. Since leaving active duty in 2005, he has been a leader in the mortgage industry in Hampton Roads, specializing in purchase transactions and VA loans. He and his team understand all of the details that make the loan process go smoothly for everyone involved, and they are here to serve you. Aaron resides in Virginia Beach with his wife and three children.
Pre-qualify for a home loan now!