GET PRE-QUALIFIED IN 3 EASY STEPS

Get pre-qualified & bid with confidence!

Getting pre-qualified gives you the knowledge of how much you can borrow to purchase the property of your dreams. Mortgage pre-qualification is one of the first stages of the homebuying process. letWizard.com, through its partnership with mortgage providers, gives users the convenience of getting pre-qualified, in order for them to bid with confidence on the property of their choice.

Mortgage Pre-qualification

Mortgage pre-qualification is a preliminary estimate of your borrowing capacity. It is essential to determine the amount you qualify for before moving forward with your mortgage application. letWizard’s Get Pre-Qualified genie tool instantly analyzes your financial history to evaluate the amount you are eligible to borrow. Getting pre-qualified will also help you discover the different kinds of mortgage options you can go for to suit your requirements.

Benefits of getting pre-qualified:

• Preliminary estimate of your borrowing limit

• Understand the properties you are eligible to bid for

• A pre-qualification letter adds credibility to your mortgage application

Buying a home for the first time? Here’s what you need to know:

• Always go for pre-qualification before you start looking for homes

• Get your finances in order and improve your credit score

• Make sure to have appropriate proofs of your source of income

• Ensure a good debt-to-income ratio (debt compared to income) as it is a key determining factor of your borrowing capabilities.

Is getting pre-qualified time-consuming?

With letWizard.com, you can get pre-qualified in a matter of minutes. Simply submit your income details, your monthly liabilities, your total credit limit and your contact information as well as banking partner on letWizard’s Get Pre-Qualified Genie Tool and you will be able to see your pre-qualification results in no time.