Mortgage Pre-approval New York, Mortgage Pre-Qualification - Interstate Home Loan

Mortgage Pre-Approval New York

Mortgage Pre-Approval New York2022-06-09T17:36:05+00:00

Everyone dreams of owning their own home someday. New York properties are in high demand and Interstate can help you navigate this competitive market. The dream to own a home in New York has to be strongly backed by financial means. If you speak to realtors about possible home options, they will first want to know whether you are pre-approved for a mortgage. Mortgage pre-approval in New York is a determining factor to get the best home options in the area. When you have a pre-approval for a mortgage it lays down the entire financial process for you. It gives you an estimate of the total budget and how much you can expect to spend on your monthly. When realtors know you are pre-approved for a mortgage, they can show you the homes that fall within your budget. They are better able to narrow down the available homes as per your financial affordability. A pre-approval for a mortgage also sets you apart from others who are searching for homes in the same city. A mortgage pre-approval in New York will also identify any other potential issues that you may face later. Some sellers are even willing to accept a lower offer in the case of a foreclosure. If you are not sure about the process of New York Mortgage Pre-approval, then Interstate Home Loan Center can help you with it. We will identify all the potential problems you may face on the road to becoming a homeowner in New York. Get in touch with us for more information. 

How do you get a Mortgage Pre-Approval in New York? 

Interstate Home Loan Center will guide you along in the process of mortgage pre-approval in New York. Our team will need some additional information such as your social security number, recent bank statements and income documentation. It includes the W2s, pay stubs and tax return proofs. We need to check all of the documentation to verify your finances so that we know you are a reliable borrower. Having a mortgage pre-approval in New York increases your chances of having a bid accepted on available homes. Our aim at Interstate Home Loan Center is to ensure you get your desired home within the range of your financial capabilities. When you get a pre-approval in New York, you have a clear estimate of what lies ahead in terms of monthly payments. We want you to hold a stronger position of negotiation when you speak to realtors. 

To get a mortgage pre-approval in New York, we will need the following documents: 

  • Debt-to-income ratio (DTI)
  • Loan-to-value ratio
  • FICO score
  • Employment history
  • Income score 
  • A good credit score 

Real estate transactions can be complicated because it involves multiple stages of documentation and verification, especially in the case of loans. But Interstate Home Loan Center, can help you get a mortgage pre-approval with a New York Mortgage broker. Contact us today to secure the home of your dreams. If you have any more queries, reach out to us at 1-888-624-1414.

Quick Quote

Interest Rates

At Interstate Home Loan Center, we take pride in offering our clients the lowest interest rates possible. Whether you are looking to purchase or refinance, the team at Interstate is ready to help you secure the best rate possible! Contact Interstate today for more details.

20-YR FIXED

5.625%

5.78% APR

Lender Fees – $995
Points – $0

30-YR FIXED

5.625%

5.76% APR

Lender Fees – $995
Points – $0

15-YR FIXED

4.875%

5.04% APR

Lender Fees – $995
Points – $0

**Disclaimer This is not a commitment to lend. Terms and conditions apply. Interest rate and annual percentage rate (APR) are for informational purposes only. Rate and APR are based on single family, owner-occupied, primary residence purchase of conforming loan sizes with 60% loan-to-value and assumes 780 FICO score. Rates are prevailing and subject to change. Call for today’s live rate.

Our Process

Securing a mortgage doesn’t have to be stressful or time-consuming. We believe in full transparency, and getting your loan approved FAST! You will be able to track the status at all times while we are working to move forward on our end. Any hold up can cause you to lose out on a home you’ve put
an offer in on! At Interstate, our process is seamless and best of all, quick!

0
Average number of DAYS to get a loan commitment from Interstate Home Loan Center
0
Average Number of DAYS to close your loan.
0
Average number of MINUTES it takes to complete our loan application.

FAQs

Will a Mortgage Pre approval on Long Island help me to purchase a house easier?2022-06-23T13:24:54+00:00

Yes! Getting Mortgage Pre approval can make the difference between getting the house of your dreams or losing it to someone else who had pre approval for a mortgage. At Interstate Home Loan Center, we can help you get pre-approved for a mortgage. Contact us today and learn more about getting the process started!

Accessiblity (CTRL+M)
Accessible Icon Project logoThe final icon, in blue and white, closely similar to the original version but with the body foregrounded, and wheel cutouts to suggest motion.