Why Pre-Qualification is Important

Are you looking for a mortgage? We can help! Give us a call today at 504-866-5626. Ready to begin? Apply Here.

Even if you have not narrowed down homes to visit yet, it's valuable to contact your mortgage loan professional early. What for? How can we help before you have made your offer, and don't know yet the amount you need to borrow?

We Will Help You Pre-Qualify

Our mortgage professionals can help you determine how much of a loan you can qualify for and the monthly payment amount you can afford by getting you pre-qualified. We accomplish this by analyzing your debts and income, your work and residence situations, the available funds for down payment, required reserves, and some other things. It's a quick, thorough process with minimal risks for papercuts.

We give you a Pre-Qualification Letter once you qualify, which documents that we're confident you'll qualify for up to a specific amount of mortgage loan dollars.

Buying Clout

Once you find the house that is ideal for you, and you decide to put together an offer, being pre-qualified for a mortgage loan will do a couple of things. First, you have some concrete numbers in mind, as the amount you will qualify for with your mortgage. Of greater importance to the existing home owner, your being pre-qualified is like your having walked into their house with a bag full of cash ready to purchase their house! They won't have to wonder if that they're wasting their time if you don't be able to qualify for a big enough mortgage. The seller won't worry if he can trust you to qualify for your mortgage in the amount you will need.Your qualifying for your needed mortgage loan amount won't be something for them to be concerned about. You have the capability to back your offer up.

We will help you pre-qualify

We can help you calculate how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. During this process, we determine your capacity to borrow - reviewing your earning status, available money for down payment, debt, income, and other circumstances. It's short and to the point; and we keep the paperwork light.


You can certainly use the mortgage calculators available on this site to calculate how much mortgage you'll be able to afford - but it's also essential to talk with us. For one thing, you will need a Pre-Qualification Letter! For another thing, we could find a different mortgage choice that is a better fit for you. Contact us at 504-866-5626 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at 504-866-5626. Coastal Mortgage Corp. answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
How can we get in touch with you?
Tell us about your credit history.