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A: Why use a Connecticut Mortgage Broker?
Connecticut Mortgage brokers.
Apply for a Connecticut Home Equity Loan
Apply for a Connecticut Home Mortgage Loan
Contact Us
First Time Buyer in Connecticut Seminar Sign Up
Get Pre-Approved or Pre-Qualified
Las Vegas Loan Modification
Refinance your Connecticut Home Mortgage Loan
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2. Looking for a Home >>
State of Connecticut Home Page
Mortgage prequalification in Connecticut
Mortgage Prequalification only means that you have been told in writing by a mortgage professional how much you can safely afford to borrow. But a preapproved mortgage CT letter tells the realtors and the sellers that you have spoken to a Mortgage Professional and a lender has agreed to lend you up to a stated amount. When you speak with a Mortgage Professional, they should take an application, pull your credit and determine what types of Mortgage programs meet your needs. In some cases, the Mortgage professional has submitted some or all of your paperwork to a lender to get rates for you. At this stage of the process (submitting your offer), the realtors may request to speak to the Mortgage Professional for the soundness of the buyer. Once your offer is accepted, then you should be speaking daily to your Mortgage Professional to finalize required paperwork, to determine which program meets your needs and reviewing other elements of the loan. This Preapproval letter is then followed by a Mortgage Commitment letter. The lender produces this once all of the necessary documents have been submitted, reviewed and approved by the selected lender.
What determines if you qualify for 100 per cent financing ?
Sarah B in Litchfield,CT
"When buying a home there are so many choices you have to make, but the most important decision is where to go to get your mortgage. I looked into quite a few companies but I wasn’t happy until I found Acorn Home Mortgage Company. They helped me find a realtor, Cheryl R, whom of which I highly recommend- very nice and knowledgeable. Then once I found a home I liked, Acorn Home Mortgage took me thru sample paperwork so I knew exactly what to expect. Not to mention they went thru and explained all the terms that are in a mortgage contract, as some of them are very confusing. Acorn Home Mortgage found me a lawyer, an appraiser, and everything else I needed. I felt like all I had to do was sit back as the Acorn Home Mortgage team did everything for me. It was great and I am very happy in my new home- who would have know you could get into a home within 30 days- thank you Acorn Home Mortgage for all that you have done!"
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As part of your offer to buy a Connecticut home you should have a pre approval letter ready to submit. What does the pre approval letter tell the realtor?
We can provide you with a preapproved mortgage CT letter, just ask us and remember, a preapproval mortgage letter from an out-of-state broker or lender probably is not a good idea. Brokers and lenders not based in Connecticut will not know the property tax rates in the various towns which is a critical element in determining how much you can borrow. They will also likely not be in a good position to get an appraisal conducted quickly and accurately by a local professional.
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