How Much Can I Borrow? 

Time to make your Dreams Come True!

Step 1 – Contact SCL Mortgage

Are you ready to make your Dreams Come True as Home Owner?

You may experiment with a few loan scenarios below to give you a rough idea of how much you can borrow.

What is the difference between being Prequalified versus Preapproved for a mortgage?

Both prequalification and preapproval provide borrowers with an estimation of how much home they can afford. However, preapproval is a more official step that requires the lender to verify your financial information and credit history.

This means a preapproval is a stronger sign of what you can afford and adds more credibility to your offer than a prequalification. Without a preapproval the seller might not trust your offer is reliable and likely will not be accepted.

Contact us today and begin the journey in making your dreams come true!

How May We Assist You?

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