Buyer prequalification

a.       Why it’s important.  The very first step in the purchase process is pre-qualification.  THIS IS CRITICAL to the borrower, the real estate agent AND to the Seller.  For the borrower – it is impossible to shop and not know what you can purchase.  Because of the thousands of programs available, it is very important to identify the individual borrower’s needs and goals.  For the agents, a good thorough pre-qualification can save hundreds of hours worth of work and a great deal of frustration.  It can also uncover potential loan problems and help redirect the borrower to a different program or eliminate the obstacles through our CAT program and enable the borrower to take advantage of better rates.  For the Seller – ALL potential buyers must be prequalified to eliminate costly time off the market.  In today’s market – time is money; do not waste time on a borrower who has no chance of closing the loan.  A prequalification with WSM insures you have the best tools available to get the borrower to the closing table --- even if they have challenged credit.

b.      Why use White Star Mortgage (WSM).  WSM looks at the borrower’s complete profile, credit, assets, and liabilities to determine the correct loan program.  With over 270 lenders and thousands of program possibilities, White Star Mortgage has the tools available to assist and prequalify every borrower.

c.       Credit Analyzer tool (CAT). The CAT is a powerful interactive software tool for the home buyer.  With this tool, the borrower’s credit profile is analyzed and an easy to read road map to raise their score is created.  This detailed, action plan is based on the specific needs of the borrower.  The CAT uses simple everyday language to help identify items that negatively impact the borrower’s credit score and helps them understand the steps necessary to turn those negative points into positive results.  CAT references their accounts, describes exactly what actions are needed and how many POINTS can be added to the borrowers score as well as how long those actions will take.  There is NO COST for this service.  So - If adding 15, 20, 30 or even 75 points to your credit score in a week sounds too good to be true ---- try our CAT program and see what it can do for you.

To become pre-qualified click here now