Understand a buyer's estimated buying power
A preliminary estimate that helps you and your buyer talk about price range early. It is not a verified purchase ceiling.
QLFI is not a lender. Results are preliminary and subject to lender verification and approval.
Early
price-range conversation, before showings
Soft
inquiry with no effect on the buyer's score
Full
tri-merge mortgage credit report alongside it
Lender
verifies the final number, always
Estimate, budget, lender decision
They are related, but they are not the same thing, and only one is a lender's.
Estimated buying power
QLFI's preliminary estimate. A conversation starter.
The buyer's budget
What they want to spend. Their decision.
Lender decision
What a lender verifies and approves.
Illustration only. Widths do not represent real amounts.
Shown with the full picture
The estimate sits beside the buyer's mortgage profile and credit report, so you can see what's behind the conversation.
- Mid-mortgage score range
- Debt-to-income and monthly payments
- Estimated income, assets and real estate equity, where available
- A full tri-merge mortgage credit report
Mid-mortgage
720-740
DTI
22%
Payments
$1,940/mo
Payments (no RE)
$610/mo
Est. personal income
$148,000
Household income
$186,000
Age
36
Investable assets
$42,000
Retirement assets
$96,000
Real estate equity
$0
See buying power in the demo
What it helps you discuss
Helps with
- A realistic price range to start from
- Whether to introduce a lender now
- Which listings to show first
Does not establish
- A maximum purchase price
- Verified income or funds
- Loan approval or a rate
Next conversations, not labels
| Situation | A good next conversation |
|---|---|
| Estimate aligns with the buyer's goals | Confirm the price range and introduce a lender to verify it. |
| Estimate falls below their intended budget | Talk about a different price range, more down payment, or lender guidance. |
| The buyer disputes it | It's an estimate. A lender can verify the real picture with their documents. |
| Cash purchase | Buying power may not apply. Ask for the proof of funds the seller requires. |
- Estimate aligns with the buyer's goals
- A good next conversationConfirm the price range and introduce a lender to verify it.
- Estimate falls below their intended budget
- A good next conversationTalk about a different price range, more down payment, or lender guidance.
- The buyer disputes it
- A good next conversationIt's an estimate. A lender can verify the real picture with their documents.
- Cash purchase
- A good next conversationBuying power may not apply. Ask for the proof of funds the seller requires.
How to talk about the estimate
- 01
Start with goals
Ask what they want to spend and where.
- 02
Share the estimate
As a preliminary range, not a ceiling.
- 03
Compare
Talk about any gap between the estimate and their goals.
- 04
Introduce a lender
Who verifies income, assets and the real number.
Start every buyer relationship with a realistic, preliminary price range and a clear path to a lender.
Start the price conversation early
Common questions
No. Estimated buying power is a preliminary estimate. Only a lender can determine what a buyer qualifies for, after verifying their information.
No. Enrichment details such as income and assets are estimates and are not independently verified. A lender verifies income and funds.
Treat it as a conversation starter. Ask about their goals and introduce a lender who can verify the actual picture.
Related
Start the price conversation early
QLFI is operated by Lending Consultants of America LLC. QLFI is not a lender and does not issue mortgage approvals.