When to Speak to a Mortgage Pro

	In the market for a new mortgage loan? We'd be thrilled to answer your questions about our many mortgage solutions! Call us at 516-431-2009. Ready to begin? Apply Here.

It's helpful to bring in your mortgage loan professional as soon as possible — even before you've started to research neighborhoods. Why? When you do not yet know how much house you want to qualify for, what can we do for you?

Pre-Qualify

We can help you find out how much of a loan you can qualify for and the mortgage payment amount you can afford by getting you pre-qualified. In the process, we determine your borrowing power - looking at your earning status, available money for down payment, debts, income, and other circumstances. It's quick and to the point; We take pride in keeping the paperwork to a minimum.

When you are considered eligible, we will prove our confidence in your capacity to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Pre-Qual Power

After you find the house that meets your needs, and you want to make an offer, being pre-qualified for a mortgage will do a number of things. The first is that you will know what you'll be able to afford when calculating the offer. Your pre-qualification also will make your offer look even better to the seller, as if you were bringing them a bag full of cash! They need not wonder if that they're wasting their time if you will not be able to qualify for a high enough mortgage. The seller of the home won't wonder if he can count on you to qualify for your loan.Your qualifying for your needed loan amount will not cause them concern. They have a virtual guarantee to trust your buying power.

We will help you with your pre-qualification

We will help you calculate how much of a loan you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. We will accomplish this by analyzing your debts and income, your employment and housing situations, the funds available for down payment, required reserves, and some other things. It's quick and basic; and we keep the paperwork light.

One-on-One

While you are encouraged to benefit from our mortgage calculators on this website, it is a good idea to sit down and talk with one of our mortgage professional team members. We can walk you through your pre-qualification letter. Then, we will make sure we have the best mortgage loan program for your situation. Contact us at 516-431-2009 to get started.

Have questions about pre-qualifying? Call us at 516-431-2009. Riverside Funding Corp. answers pre-qualifying questions every day.