When the time comes to place an offer on your dream home, you’ll need to act fast. Connect with one of our experienced mortgage professionals and get pre-approved so you’re ready to make an offer. By getting pre-approved, you’ll know the maximum mortgage amount you can afford.
What You’ll Need
To get started, make an appointment with one of our mortgage professionals and they’ll be happy to assist you. When you come for your appointment, it will be helpful if you bring:
- a copy of your latest pay stub
- a listing of your assets (what you own)
- a listing of your liabilities (what you owe)
How It Works
Our mortgage professionals will calculate the maximum payment you qualify for based on your Gross Debt Service Ratio (GDS) and your Total Debt Service Ratio (TDS). Once they calculate your maximum payment, they can work with you to determine the maximum purchase price you can afford. They can also discuss the closing costs, what you can expect to pay in legal fees as well as other purchase requirements.