Before you start looking for your first home, we can help you with a mortgage prequalification.

Barefoot Mortgage can help you get pre-qualified & pre-approved and quickly on your way to home ownership! Simply fill out our mortgage prequalification form securely on our website. With a prequalification letter in hand, you’ll know how much you may get approved for before you even look for your first home.

Some realtors require buyers to get pre-qualified before even starting to house hunt. A simple mortgage prequalification letter can help you narrow your search to find exactly the home you need. It also makes the mortgage application process that much smoother.

Determine how your credit looks.

Lenders will look at your payment history, income, and current debts to determine how likely you are to pay your loan each month. The number value assigned to your “reliability” is known as your credit score and is one of the biggest factors in getting approved for a mortgage.

There are many websites that allow you to quickly check your credit & credit score for free. Two of our cost free favorites are www.freecreditreport.com and www.creditkarma.com. All 3 major credit bureaus provide a free full copy at www.annualcreditreport.com once per year. Remember, avoid the popups as there is no cost or registration necessary to get your full reports each year.

If you have a credit score below 640, consider delving deeper into your report to make sure it is accurate. While we can help with scores down to 560, staying current with all monthly payments and reducing debt where possible is the best way to boost your score.