When you need to get pre-qualified for a mortgage, you supply a lender with your overall financial picture including information about your income, assets, and debts. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that you can also get pre-qualified, which can be done over the phone or online at no cost. It is more of an informal first inquiry with a lender. Its purpose is to give you a general idea of what mortgage amount a lender estimates you qualify for. However, because the assessment doesn’t take an in-depth look at your finances and credit rating whatever amount you’re quoted should be taken as a general guideline. Check out below to see what sold in Meadowbrook Glens in November 2018:
24263 Hampton Hill Street, Novi: 3 bedrooms, 2.1 bathrooms, 1,640 sq. feet, 2 car garage, Sold Price: $247,500
Meadowbrook Glens Home Sold
A real benefit from getting pre-qualified is that it will give you a good sense of the size of mortgage you can expect to qualify for and can function as a reality check, making sure you know how much house you’re really in the market to afford. The lender can also provide you with information about what mortgage options are available to you and what type of mortgage they would recommend based on your overall situation. For more information on Meadowbrook Glens, or similar Northville or Novi neighborhoods such as Simmons Orchard, Village Oaks and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.