Financing 101

Your Financials: Case Confidential. 

Financial information is about as personal as it gets, and should be private.

Each and every piece and particular of your financials is entirely confidential and remains between you and your lender. As soon as you decide you're interested in buying a new home, I'll put you in touch with one of Coldwell Banker's trusted lender partners. And you will only ever discuss those details with the lender.

To get to work in finding your new home, all I need is your wishlist. 

To get to work finding your new home, all I need is your wishlist

Pre-Qualification

And Why It's a Good Idea

Pre-qualification, (oftentimes referred to as "pre-approval", which is actually a different process), acts as a sort of "dry run" of the loan application process. 

The mortgage lender will ask you a few simple questions about your credit, income, assets and debts to arrive at an estimate of how much mortgage you can afford and then produce a pre-qualification worksheet. A good lender may also spend some time talking about your ideal monthly payment and crunch the numbers to get you to it.

The whole process takes only minutes and is entirely free.

While a "pre-qual" is non-binding (because the information you provide has not been vetted and verified), it does serve as a good indication to potential sellers of your general credit-worthiness.

These days, most sellers won't so much as review an offer without at least a pre-approval letter. In fact, many sellers require a pre-qualification before they'll even allow a buyer to view their property.

It's also a fast way to make sure you aren't setting yourself up for more or less than you can afford. At the end of the quick conversation, you'll know exactly how much you can afford to spend on a home, and how much a bank will actuallylet you borrow to buy your new home.

In the end, if you're at all serious about buying, this should be the first step towards getting you into your new home. 

The Right Mortgage Partners.

Family-owned and still family-operated today, American Financial has served Western Pennsylvania's mortgage needs since 1988...

Welcome to American Financial Mortgage Corporation

Continuously serving the mortgage banking needs of Western Pennsylvania since 1988, American Financial Mortgage Corporation is one of the oldest Mortgage Bankers in the state. Founded on the principle that everyone deserves to own their own home with financing they can afford, American Financial has done more to help individuals and families turn their dream into reality.

Family-owned and family-operated by the same people since its founding, American Financial Mortgage Corporation has always provided the most competitive financing options available to anyone who needs a mortgage.

Evan Fels, Your Senior Loan Officer

As a Senior Loan Officer at American Financial Mortgage Corporation, my driving objective is to deliver a seamless transaction. How? I make sure that you have a complete understanding of the mortgage process, including what you need to provide in order to secure your new home.

Our organization, American Financial, is highly recommended by trusted Realtors. Why? It's because of our industry experience and customer service. Unlike many lenders, we go beyond the numbers and work to meet all of your needs and expectations throughout the mortgage process.

The icing on the cake? We use state-of-the-art technology that minimizes imposition and maximizes efficiency. In short, we make the tough stuff fast and easy.

Evan Fels, Senior Loan Officer

American Financial Mortgage Corp, NMLS #190023

Coldwell Banker Real Estate Services // 6305 University Blvd // Moon, PA 15108

O: 412-264-8300 // C: 724-875-8097  // deirdre.cogley@pittsburghmoves.com