When to Talk to Your Mortgage Professional

Shopping for a mortgage loan? We can help! Give us a call today at 7186399500. Want to get started? Apply Here.

It can be valuable to see a mortgage professional first, even if you haven't settled on what type of home you hope to find. What for? Perhaps it is difficult to understand the way we could help even before you start to talk about prices and negotiations.


When we pre-qualify you, we help you decide how much of a monthly payment you can afford, and the loan amount you can qualify for. We do this by considering your income and debts, your employment and residence situations, the available funds for down payment, required reserves, and other considerations. It's short and basic; We keep the paperwork light.

Once you qualify, will present to you what's called a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), that documents the fact that we are working with you to find the ideal mortgage to fit your situation and that we are confident you'll qualify for a mortgage loan up to a specific amount.

Pre-Qual Power

With your pre-qualification letter, several advantages are yours once you locate the house you want to make an offer for. First of all, you have some definite numbers in mind, as the amount you will qualify for with your mortgage. Even more important to the seller of the house, your pre-qualification letter gives them certainty - as if you had arrived at their home with a suitcase of cash to make the offer! They won't need to wonder if they have been wasting their time if you will not be able to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he can't trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount will not cause them concern. You'll have the clout of a buyer ready to make the deal right now!

We help with your pre-qualification

We will help determine how much of a mortgage you can afford, and the amount of money you may be able to borrow, by taking you through pre-qualifying. In the process, we calculate your ability to borrow - analyzing your job, money available for down payment, existing debt, income, and other areas. It is a quick, thorough process with minimal risks for papercuts.

One on one

You can always use the calculators here on our website to calculate the size mortgage you can afford - but it's also valuable to meet with one of our mortgage professionals. We can begin getting your pre-qualification letter. Next, we can review your loan choices and make sure you are in the right one. Let us get you started: Contact us at 7186399500.

Have questions about pre-qualifying? Call us at 7186399500. It's our job to answer pre-qualification questions, so we're happy to help!

Basic Pre-Approval

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.

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Channel Mortgage LLC

Connecting the Dots to Home Ownership

55-25 69th Street 1st Floor
Maspeth, NY 11378-1806