UNITED MORTGAGE CAPITAL

wants to make sure you are pre-qualified or pre-approved for a loan.

Before you begin to look for a new home, you should schedule a time to meet with United Mortgage professional so we can get you into the right home for your specific needs. This will put you in a better position as a buyer. That’s way you will become a PRE-QUALIFIED BUYER and can speed up the process for getting a pre-approved for a loan.

To get PRE-QUALIFED for a loan is a simple process. We will collect information about your debt, income, and assets. We’ll look at your credit profile and assess goals for a down payment and get an idea of different loan programs that will be ideal for you. UNITED MORTGAGE CAPITAL will issue you a pre-qualification letter indicating the amount you are pre-qualified to borrow.

It is important to understand that a pre-qualification letter is just an estimate of what you are eligible to borrow, not a commitment to lend. Getting pre-approved for a loan gives you competitive advantage when the time comes to buy a home because you have been approved for a loan for a specified amount.

To get you PRE-APPROVED, you will complete a mortgage application and provide us with various information verifying your employment, assets and financial status such as W-2 forms, bank records and credit card statements. Once we have reviewed your mortgage options, we submit your application to the lender for the best loan that will meet your needs. Once the application process is complete you will receive a pre-approval letter indicating the amount your lender is willing to lend you for your home.

A pre-approval letter is not binding with the lender, but is subject to an appraisal of the home you wish to purchase and certain other conditions. If your financial situation should change such as losing your job or interest rates rise or a specified expiration date passes, the lender must review your situation and recalculate your mortgage amount accordingly.

TO GET STARTED JUST CLICK ON APPLICATION.