Why Get Pre-Qualified?
1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.
2. While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
Hello, my name is Tommy Barro and I am a Partner of the California Division of First Centennial Mortgage and a Senior Mortgage Loan Originator at our Irvine branch.
I have resided in Orange County my entire life and am a graduate of Chapman University, where I majored in Business with a double emphasis in Marketing and Management. I have been assisting home owners on residential home purchases and refinances for over 12 years; and, have developed a great reputation for my professionalism, honesty, and knowledge for all types of home loan programs including VA, FHA, Conventional and Jumbo Loans.
I enjoy meeting with clients, educating them about the different loan programs available, and providing trusted advice that will integrate both their short term and long term financial objectives. The beginning of the home loan process is the most important aspect to ensure a smooth, minimally stressful escrow process for either purchasing or refinancing your home.
Please feel free to call or email me today. I look forward to working with you.
Partner & Senior Mortgage Consultant
NMLS # 234371