||Looking to purchase a home? We'll be glad to talk about our many mortgage solutions! Give one of our experienced loan officers a call today at (337) 264-9990. Ready to begin? Apply Here.
Even if you've not narrowed down houses to view yet, it is advantageous to contact your mortgage professional first. What for?
How much can you afford? Universal Lending's mortgage professionals will advise you on the price range of homes you should be searching for. We achieve this by reviewing your income and credit, your work and residence situations, your available funds for a down payment, required reserves, and some other things. We will ask for a minimum amount of paperwork, and avoid a lengthy process.
When you qualify, we present to you what's called a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), which documents the fact that we are helping you to find the right loan to meet your needs and that we are confident you will qualify for a mortgage loan up to a certain amount.
Armed with your pre-qualification letter, several advantages fall at your feet at the point you locate the home you want to put together an offer for. The first is that you can be sure the amount you'll be able to afford or even more importantly, be comfortable when calculating your offer. Even more important to the existing owner, your pre-qualification status gives them confidence - as if you'd come to their home with a big box of cash to back up the offer! They won't need to wonder if they will be wasting their time if you don't have the ability to qualify for a high enough mortgage loan.
Face to Face
You can always use the mortgage calculators on this website to get an idea of how much mortgage you can afford - but it's also important to talk with one of our mortgage professionals. We can work toward your pre-qualification letter. Then, we can make sure we have the best mortgage program for you. Contact us at (337) 264-9990 to get your pre-qualification process started.
Have questions about pre-qualifying? Call us at (337) 264-9990. We answer pre-qualification questions every day.
Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.