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Pre-Qualify For Your Mortgage
Welcome > For Buyers > Mortgage Prequalification ...

Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. It also gives you leverage when negotiating with a seller. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- What your credit Score is and how it effects your home purchase. 

- How much cash you will need for the down payment...if any. There are so many ways to finance these days you want to get the best loan for your situation. 

- The minimum down payment, and advantages of higher down payments. How to avoid Private Mortgage Insurance. 

- What the bank feels you can afford for a monthly payment. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top real estate agents to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you! 

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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School Reports in Charlotte, Matthews and Huntersville, North Carolina
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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North Carolina Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
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Real Estate Tips
Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Real Estate Trivia
Q 
What is the world's longest wall?

A 
The Great Wall of China, at a length of 2,150 miles, nearly three times the length of Britain.
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KC and Eileen Covington, The Charlotte Home Team, REALTOR®, real estate agent and broker for Charlotte, Matthews and Huntersville North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

KC and Eileen Covington, The Charlotte Home Team
The Covington Group

2115 Rexford Road
Charlotte, NC 28211
Eileen Cell Phone: 704.451.0688
KC Cell Phone: 704.779.1949
Office Phone: 704.451-0688
Fax: 704.602.0522
Alt Fax: 704.602.0522
Eileen Email: ehc@kwcharlotte.com
KC Email: kc@kwcharlotte.com

Our mission is to create lifelong relationships that will provide our clients with a caring, experienced, knowledgeable and professional resource for all their real estate needs. We will champion our clients objectives and help them to make the best decision for themselves and their families, now and in the future.

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