Home Buying Resources
Learn How Much Financing You Qualify For
Determining how much you can afford is a crucial first step in the home buying process. But you don't have to go digging for information about financing, reputable Charlottesville lenders, or the best type of mortgage product — we've made it easy to get pre-qualified for a loan! Ready to get started?
Is Pre-Qualification Necessary for Buying a Home?
While getting pre-qualified or pre-approved for a mortgage isn't required to buy a home in Charlottesville or Albemarle County, it is highly recommended. Understanding your financing options is a crucial first step toward buying your next home, since getting pre-qualified or pre-approved will allow you to know how much you can afford. In fact, there are three major benefits of getting pre-qualified or pre-approved for a mortgage.
You Know What You Can Afford
Once you have spoken with a lender about your financial history (or taken the necessary steps to be pre-approved), you know how much financing you will qualify for — in other words, you will know what price range you can afford.
Your Home Search Gets Easier
Because you know how much you can afford for your home in Charlottesville or Albemarle County, you will be able to filter out thousands of listings when searching for homes and instead focus on just the properties that you'll love.
Sellers Take Your Offer Seriously
If you're competing with other buyers for a property, you need a way to make your offer stand out without bidding more than you can afford. If you have a pre-approval letter, the seller knows you have qualified for financing and will consider your offer.
It's easy to start the mortgage pre-qualification process. Simply fill in the form below, and a member of The Chase Team will contact you shortly with next steps.