Why it's Important to Pre-Qualify

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It's valuable to consult your mortgage professional early — even before you've started to research neighborhoods. Why? How can we help if you have not negotiated a price, and don't know yet the amount you want to borrow?

We Can Help You Pre-Qualify

When we pre-qualify you, we help you find out the amount in monthly payments you can fit in your budget, and the loan amount you will qualify for. We can achieve this by reviewing your income and debts, your employment and housing situations, your funds available for down payment, required reserves, and some other things. It's a quick, thorough process with minimal risks for papercuts.

We will award you a Pre-Qualification Letter after you qualify, which states that we are confident you'll qualify for up to a predetermined amount of mortgage loan dollars.

Power in the Pre-Qual

With your pre-qualification letter, a number of advantages are yours once you find the home you want to put together an offer for. First, it helps you know how much you're able to offer. Of greater importance to the seller, your being pre-qualified is like your having entered their front door with a bag full of money to make the deal! They won't need to wonder if they have been wasting their time if you do not have the ability to qualify for a big enough mortgage loan. The seller won't be concerned that he can't count on you to qualify for your loan.Your qualifying for your needed loan amount won't cause them concern. You have the capability to back your offer up.

We will help you with your pre-qualification

We will help determine how much of a mortgage you can afford, and the amount of money you may be able to borrow, by walking you through pre-qualifying. We will do this by reviewing your income and debts, your employment and residence circumstances, your available funds for a down payment, required reserves, and some other things. It is a quick, thorough process with minimal risks for papercuts.

One-on-One

While you are able to benefit from our mortgage calculators on this website, it's essential to meet with one of our mortgage professional team members. We can work toward your pre-qualification letter. Then, we'll make sure we have found the best mortgage program for your situation. Let us help you get started: Contact us at 3175959600.

Have questions about pre-qualifying? Call us at 3175959600. Milestone Mortgage, Inc. NMLS#136714 answers pre-qualifying questions every day.

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Milestone Mortgage, Inc. NMLS#136714

38 W Main Street
Carmel, IN 46032