Contra Costa County, Walnut Creek and Danville real estate and homes for sale in California - The Young Team, REALTORS® The Young Team REALTORS(r) for Contra Costa County, Walnut Creek and Danville, California real estate - NUMBER1EXPERTS™ The Young Team NUMBER1EXPERTS(tm) for Contra Costa County, Walnut Creek and Danville, California real estate
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The Young Team, REALTOR®, real estate agents and broker for Contra Costa County, Walnut Creek and Danville California home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Prequalification: Contra Costa County, Walnut Creek and Danville California home buying, real estate listings, and homes for sale in Contra Costa County, CA
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Contra Costa County, Walnut Creek and Danville REALTORS® to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you! 

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
Financing Your Home >Qualifying For A Loan

It is useful for home buyers to understand the difference between loan pre-qualification and pre-approval. Pre-qualification, which in today's marketplace is usually done by mortgage brokers, means working with the buyers to determine how much they can afford and which loans are the most likely to be available to them. Loan pre-qualification can save buyers time and money and can even be a bargaining tool with a seller. However, pre-qualification is not the same as loan "pre-approval". The mortgage broker can often get the buyer a pre-qualification letter, but pre-approval must be issued by the mortgage lender.

Pre-approval means that the lender has definitely committed to loaning the buyer money, once the house itself is approved. Since it is a much stronger pledge, it is a much more valuable negotiating tool. When you hear someone talking about "pre-approval", they are referring to specific acknowlegment by a lender that they are willing to loan the buyer money. The real estate agent can be of assistance in this process.

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Real Estate Trivia
Q 
Where is the world's oldest castle located?

A 
The castle at Gomdan, Yemon, dating from before A.D. 100, is considered the oldest castle; it originally had 20 stories.
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The Young Team, REALTOR®, real estate agents and broker for Contra Costa County, Walnut Creek and Danville California home listings, property and land for sale - NUMBER1EXPERT(tm)

The Young Team
Prudential California Realty

630 San Ramon Valley Blvd
Danville, CA. 94526
Phone: 925-314-2489
Fax: 925-837-1516
Email: johnny@johnnykyoung.com

When you hire me as your real estate agent, you can do so with the confidence that I bring the market knowledge and professional experience necessary to do the best possible job as your representative. “I guarantee knowledge, integrity, and a commitment to excellence in the field of Real Estate."

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