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 be pre-approved for a mortgage so you know exactly how much a financial institution would be willing to lend you.
In that process, which will include a triple credit check, you will\discover:
- Exactly how much home or land you can afford.
- How much cash you will need for the down payment. (In NJ, buyers are expected to put down funds within 2 weeks of an accepted offer).
- The advantages of higher down payments.
- What the bank feels you can afford for a monthly payment and whether you feel comfortable with it, given your other financial responsibilities.
The Baldwin Dream Team helps buyers be pre-approved for mortgages every day. Simply fill out the form below to get started.
Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than to my preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of my job as a top Montclair, Upper Montclair, Glen Ridge and West Orange Realtor to offer services such as these.
Best, Roberta Baldwin
- NUMBER1EXPERT™ 
