"more than $500,000" pre-qualification?

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

Providing a broker or seller with proof of funds and a pre qualification letter from a local lender greatly help getting a seller to take your offer seriously.

Please explain the pre qualification process on a loan.

I've got a HELOC without any income qualification just on the basis of appraisal.....but my house was free and clear and the HELOC is a first lien position.Also, I've got less than 50% of the appraisal on that LOC.That was 4 years ago with Citizens Bank....not sure if they still do it - when I referred my client a year later, they said they disconnect this product.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

It is an ideal lending program for investors that are looking to scale or have trouble qualifying under traditional conventional loans (whether because of DTI concerns, no W-2 income, etc.)The main benefits are that there is no DTI/income qualification, no tax returns required, you can borrow under an LLC, you can borrow with partners and that there are much looser limits on loan size and amount of loans you can do. 

If it's a larger organization, feel free to inquire about their staff qualifications.2.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

Give you an estimate for closing costs AND monthly mortgage payments based on your qualifications - 3.