| Getting Prequalified If you want to buy real estate, it only makes sense that you first find out how much you can borrow. Then once you become qualified or apply for a loan you will: - know how much you can afford
- strengthen your position as a buyer
- have a basis to compare different loans so you can make the best choice for you.
All of this can add up to tremendous savings over the life span of the loan. In addition to learning how much you can borrow, it is a good idea to secure a lender's commitment as soon as you know that you want to buy - particularly in a hot market, where houses are selling fast. For your convenience, The Rich Group has made it possible for you to calculate your mortgage payments here. By using our mortgage calculator, you will be able to find out what your monthly payments will be, identify what your costs will be, and stay within your budget. Using our mortgage calculator you may discover that you can afford more than you thought! Don't underestimate the advantage you have as a qualified buyer. As a qualified buyer, the seller knows you can get the loan and close the deal. Because of this, they will consider your offer more seriously. Getting prequalified makes you a stronger buyer. | 
