Why Pre-Qualify for a First Home Mortgage
Benefits of Pre-Qualifying When You’re
Buying a House for the First Time
Pre-Qualify for a Home Loan Today
The MyHome Mortgage team has been helping first-time homeowners pre-qualify for home loans for more than 30 years. We know better than anyone how important it is to pre-qualify, as well as all of the benefits that come along with doing so. If you’re ready to start your journey towards homeownership, learn more and get in touch with our team to pre-qualify today!
Why Trust Us To Help You With First-Time Homeowners Loan?
If you are thinking about buying a home for the first time, it’s both exciting and intimidating. Seeing as this is your first time going through the process, you likely have a lot of questions and are looking for professional guidance on what steps to take to find your dream home that you can afford. When you work with The MyHome Mortgage Team, you will receive expert assistance and guidance during every step of the process. Here are a few reasons why so many first-time home buyers in Maryland, D.C., and Virginia choose us:
- We are a Top Rated Local® Mortgage Lender
- We have more than 30 years of experience in the mortgage industry
- We are a Maryland Mortgage Program Gold Lender
To learn more about our team and the assistance we can provide in regard to qualifying for a mortgage and purchasing your first home, contact us today. We are here to help you every step of the way to help you become a first-time home buyer.
Benefits Of Pre-Qualifying For A Home Loan
Now that you have started looking into what goes into buying a home for the first time, you have likely seen or heard the term “pre-qualify.” But, what does that actually mean?
Simply put, when you pre-qualify for a mortgage, you are taking an early step in purchasing a home for the first time. You will get an estimate of what you might be able to borrow once your finances and credit score have been looked at.
There are many benefits that are associated with pre-qualifying, including:
- Your Credit Score Will Not Be Affected: Contrary to popular belief, when you pre-qualify, your credit score will not be affected. We only do soft pull of credit at this stage. A soft pull has two benefits. No impact to your score and your date wont be sold by credit companies to online lenders across the country who will call you non stop.
- There Are No Charges or Fees: When you pre-qualify with us, you will not have to pay any fees or charges. That means you will save that money to use toward your first home! We give you free great information.
- It Only Takes a Few Minutes: Pre-qualifying is a short and easy process that will only take a few minutes to complete. Due to the fact that it doesn’t take a lot of time, you can spend more time looking at homes that you’re interested in buying. Also, you will get a quick understanding of your next steps.
- You Will Discover the Assistance You Can Receive: When you’re looking at buying a home for the first time, you need to know what is in your price range so you can narrow your search. Pre-qualifying educates you on the range you can look at and the assitance funds that you can get.
- You Can Show Your Creditworthiness to the Seller: Knowing what you qualify for can give you an advantage over other buyers by showing the seller that you are able to afford their market price. In addition, a Verified Pre-Qualification letter from us carries a lot of weight with local real estate agent and sellers. We are well established and respected. This will come in handy when you make an offer. We will always call the listing agent on your behalve.
Listed above are just a few of the many benefits that come along with pre-qualifying for a mortgage. If you’re ready to pre-qualify, click the button below! For more information about pre-qualifying, or to talk to a member of our team, please contact us today.
Let Us Help You Pre-Qualify for a Mortgage Today!
The MyHome Mortgage Team is here to make buying a home for the first time as easy and stress-free as possible. A great first step in doing so is pre-qualifying for a mortgage. Let our team help you with this step so you can be set up for success in your home-buying process. For more information on prequalification, please reach out to us today. If you’re ready to see what kind of down payment assistance you can receive as a first-time home buyer, start the process to pre-qualify today!
Testimonials
Patient & Helpful
Tammi was very patient and very helpful throughout the entire application process. Being a first-time home buyer I didn't know a lot of this which made me frustrated but I was able to get approved and now I am a homeowner thanks to Tammi!
— James C.
No Pressure or Stress!
Tammi Lewis made my home buying experience very easy. I felt no stress or pressure. Tammi was with me every step and made sure I understood everything with detailed talks. My credit score was low and Tammi advised me how to raise it. So that the Loan process would be approved with no problems. Any one know that wants to buy their first home I am recommending Tammi Lewis and First Home Mortgage.
— Charlie F.
Professional & Timely
Rob made sure my experience as a first time home buyer was smooth and painless. Very professional and got things done in a timely manner. Could not have asked for more!
— Samantha J.
Great Experience for a New Homeowner
Rob was at all times, willing to go over the numerous pages of information with me. I am a new homeowner and had many as this was my first time navigating the home-buying waters. He explained things to me in a way that I understood and got me all of my documents in a timely and efficient manner. I enjoyed working with him and would refer him to anyone who is looking.
— Erica F.