Securing the loan : Pre – qualification and pre – approval

Once we have determined how much house you can afford, allow me to take the next step and get you pre –qualified and pre – approved for a home mortgage loan .

Not only will you know your housing budget to the dollar before you start looking for a home ,you will also have more negotiating leverage because the seller knows you have already got a loan virtually in your pocket.

Pre-qualification

Pre-qualification acts as a dry run of the loan application process. West Hills Mortgage Centre 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.

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.

Pre - Approval

Pre-approval takes pre-qualification one step further. The lender will contact your employer, your bank and others to verify your income, assets, debts and credit history, and then issue you a letter stating that your mortgage is approved for a certain amount within a certain timeframe. Rates can held for up to 120 days

Gain the buying edge

The advantages of pre-qualification and pre-approval are two-fold: you're more attractive to sellers, who needn't worry that they'll accept your offer only to have your loan turned down, and you'll save time to closing when you find a home because the lender will have already completed the necessary qualifying and underwriting steps.

Simply fill out our Pre-Approval Mortgage Form or you can Contact Sheldon Zacharias Now. With the On-Line Mortgage Calculator, you can instantly look up payments, and calculate loan and mortgage balances.

Protecting the privacy of your personal information is a priority with West Hills Mortgage Centre. Whether we do business with you through the internet, over the phone, or in person, you can rest assured the privacy of your information is held with the highest possible security.

Apply For Your On-Line Pre Approved Mortgage Now! or Contact Sheldon Zacharias By filling out the form below.

Please fill out the form below if you are interested in applying for a mortgage.
Name:	*
Co/Applicant:
Address:	*
City:	*
Postal Code:	*
Contact Number:	*
E-Mail Address:	*
Amount Required:	*
Purchase Price (if applicable):
Down Payment (if applicable):
S-I-N Number:	*
Co/Applicant S-I-N Number:
Yearly Income (Combined Applicants):	*
Total Debt Other Than Mortgage:	*
Total Monthly Debt Payment:	*
Today's Date:	Mar-09-2010
Birthdate:
Smoker:	Yes No
Interested in a quote for:
Mortgage Insurance:	Yes No
Disability Insurance:	Yes No   (covers monthly mortgage payment)
Critical Illness:	Yes No
All three coverages:	Yes No
We hereby certify that the information given in my/our application is complete and correct and is given for the purpose of obtaining the financing applied for. In connection with this application I/We hereby authorize West Hills Mortgage Centre. to obtain and exchange information regarding my/our credit history from any recognized credit agency, chartered bank, or others. In particular, and if applicable we hereby instruct our existing mortgage holder(s) to provide West Hills Mortgage Centre with any information regarding our mortgage(s), including the balance(s) and status. By sending your application you acknowledge and accept the above statements