Why Get Pre-Qualified?
1. Pre-qualification acts as a dry run of the loan application process. The mortgage lender will use details you provide about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford. The whole process may take only minutes or a few hours at most, and is free.
2. While a "pre-qual" is non-binding to the lender (because the information you provide has not been verified), it does serve as a good indication to potential sellers of your general creditworthiness.
3. These days most sellers will NOT accept an offer without at least a pre-approval letter, so if you are serious about buying this is the first step towards getting you in your new home.
SENIOR LOAN OFFICER MIKE PANDAZOS
Mike Pandazos has earned the reputation as a seasoned leader in the mortgage lending space. Throughout the span of over a decade, he has garnered extensive expertise in the industry. Well-versed in virtually all aspects of lending, he is particularly adept in Conventional, FHA, VA, and Jumbo Loans.
Currently, Mike serves as a Mortgage Senior Loan Officer and Team Leader at Golden Coast Finance where he is dedicated to helping people make their mortgage-related goals reality. From purchasing a dream home or investment property to assisting real estate professionals in expanding their businesses, he is on a mission to create positive change in his community. He and his committed team of experts offer effective, results-driven mortgage solutions and financial guidance coupled with top-notch communication and integrity.
During his free time, Mike enjoys exploring new places, playing tennis, and building race cars. Above all, he loves spending quality time with his family, including his two beautiful children. Mike may call Glendale home, but he lends all across California.