Comfort Mortgage LLC
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What is Prequalification Letter
A prequalification letter is a letter that states that the prospective home buyer is qualified to purchase a home up to a certain amount and can be presented to a seller when submitting an offer to purchase. It's prepared by a Mortgage Loan Originator after consultation with the soon to be home buyer.

Why Prequalify
While searching for your new home you may be scouring the internet real estate sites or driving the streets seeing all sorts of beautiful homes. However, if you don't know which homes you could afford, you may be wasting your time. If you start working with a realtor, you could be wasting their time as well (which is why many request their clients get prequalified). Prequalifying makes sure you focus your time on homes a lender is willing to lend you money for.

In today's market, it is not uncommon for a seller to get multiple offers. Imagine if a seller got two identical offers and you were the only one that presented a prequalification letter, which do you think the seller will accept? A prequalification letter may not be the differentiator but it will provide comfort to the home seller that if they accept your offer, the sale will be completed.

How to Prequalify
To prequalify for a home loan, I meet with you to discuss your employment, income, assets, debt and FICO score. After I know this information, I review and analyze the numbers to identify a loan amount you can qualify for. I then provide you a letter that states the home price that you are qualified to purchase. You do not need to gather any paperwork prior to the prequalification however you do need to provide accurate information regarding your employment, income, assets, debt and FICO score.

Comfort Mortgage LLC    NMLS#1848031
Mortgage Broker providing home loans to Summit County Colorado and the Denver Colorado metropolitan area
970-626-8300     P.O. Box 369 Frisco, CO 80443
Jordan Dobrin    NMLS#1384024
CO MLO#100500227     CPA Certificate IL#49210