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It can't be this difficult...what am I missing
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<blockquote data-quote="Sir Loin" data-source="post: 514454" data-attributes="member: 5601"><p>Texasgal,</p><p>Re:</p><p></p><p>No, as you haven't started looking for it yet because you don't know how big a mortgage you qualify for.</p><p>They should only ask for your personal financial information and work history.</p><p>They have rule of thumb figures and should be able to do it off the top of their head.</p><p>Most realtors should be able to do it also, but a bank would be best.</p><p>Remember, you only want to be pre-qualified for a mortgage to find out what you will qualify for to determine what you can afford to buy so you can start looking for the property. You are not applying for a mortgage.</p><p></p><p>If you are new to all this, call 1-2 or 3 realtors and talk to them and see if they can pre-qualify you, just for practice, before you talk to a bank.</p><p>If you feel comfortable ask them if they can recommend a lender based on the information you have gaven them.</p><p>Of course they will want you to come into their office to do this, so ask them if they can just give you a BALL PARK figure over the phone, if not then go in and talk to them if you can.</p><p>It's best to do it in the area you intend to buy.</p><p>Any good realtor knows that the first step of a sale is pre-qualifying the buyer and they should be more then happy to talk to you.</p><p>Give it a try, it costs nothing!</p><p></p><p>Re:</p><p></p><p>Believe me, the strings attached to a loan like that will haunt you the rest of your life.</p><p>SL</p></blockquote><p></p>
[QUOTE="Sir Loin, post: 514454, member: 5601"] Texasgal, Re: No, as you haven’t started looking for it yet because you don’t know how big a mortgage you qualify for. They should only ask for your personal financial information and work history. They have rule of thumb figures and should be able to do it off the top of their head. Most realtors should be able to do it also, but a bank would be best. Remember, you only want to be pre-qualified for a mortgage to find out what you will qualify for to determine what you can afford to buy so you can start looking for the property. You are not applying for a mortgage. If you are new to all this, call 1-2 or 3 realtors and talk to them and see if they can pre-qualify you, just for practice, before you talk to a bank. If you feel comfortable ask them if they can recommend a lender based on the information you have gaven them. Of course they will want you to come into their office to do this, so ask them if they can just give you a BALL PARK figure over the phone, if not then go in and talk to them if you can. It’s best to do it in the area you intend to buy. Any good realtor knows that the first step of a sale is pre-qualifying the buyer and they should be more then happy to talk to you. Give it a try, it costs nothing! Re: Believe me, the strings attached to a loan like that will haunt you the rest of your life. SL [/QUOTE]
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It can't be this difficult...what am I missing
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