Why it's Important to Pre-Qualify

Have questions about pre-qualifying? Call us at 405-418-8545. Founders Mortgage Inc answers pre-qualifying questions every day. Want to get started? Apply Online Now.

It's valuable to consult your mortgage loan professional as soon as possible — even before you have started to consider neighborhoods. Why? Perhaps it's hard to fathom how we could help even before you start to talk about prices and negotiations.


We can help determine how much of a mortgage loan you can afford, and the amount of money you may be able to borrow, by walking you through pre-qualifying. We can accomplish this by considering your income and debts, your work and residence circumstances, your available funds for a down payment, required reserves, and some other things. It is a short, thorough process with minimal risks for papercuts.

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

Pre-Qual Power

Holding your pre-qualification letter, several advantages are yours at the point you locate the house you want to put together an offer for. The first is that you can be sure what you can afford when calculating the offer. More important to the current home owner, your pre-qualification is like your having entered their house with a bag full of money ready to purchase their house! They will not have to wonder if that they're wasting their time if you don't be able to qualify for a big enough mortgage loan. The seller won't be concerned that he can't count on you to qualify for your loan.Your qualifying for the necessary loan amount won't cause them concern. You have the capability to back up your offer.

We will help you pre-qualify

When we pre-qualify you, we help you figure out the amount you can afford in monthly mortgage payments you can fit in your budget, and the loan amount you can qualify for. This process leads you through your finances - your debt, income, job, down payment money, among other things. It is a short, thorough process with minimal risks for papercuts.

Face to Face

It's vital for you to sit down and talk with us, even though you are free to also use the helpful mortgage calculators on our site. For one thing, you'll need a Pre-Qualification Letter! Next, we can consider your mortgage loan options to be sure you have chosen the right one. Let us get you started: Call us at 405-418-8545.