What are the first steps in purchasing a home?
Call us for a pre-qualification to discuss your price range. Meet with your realtor and determine if you should be pre-approved prior to looking at homes.

What is a pre-qualification?
A pre-qualification is typically done over the phone, taking only a few minutes. An originator will ask you questions about your credit, income, and assets to determine the price range that you can afford. A letter of opinion is immediately given to you (the borrower) and if you choose, to your realtor. A letter of opinion allows you to shop for a home with confidence.

What is a pre-approval?
A pre-approval is a written commitment obtained by Capstone Mortgage from a lender based on your credit, income, and assets. Although we always have the ability to move quickly, this process typically takes 24 to 72 hours, and it requires documentation to support the information stated on your loan application. The pre-approval demonstrates that you are financially capable of purchasing the home. In many instances, the seller and realtor will consider you a preferred buyer!