Why Pre-Qualify?

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Even if you've not picked out homes to visit yet, it's advantageous to visit with your mortgage loan professional first. What for? If you do not yet know how much home you need to qualify for, how could we help?


We will help you see how much of a mortgage loan you can afford, and the amount of money you will be able to borrow, by walking you through the pre-qualification process. We can do this by reviewing your income and debts, your employment and residence situations, your funds available for a down payment, required reserves, and some other things. It's short and to the point; We keep the paperwork to a minimum.

After you are determined to be eligible, we prove our confidence in your potential to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also known as a "pre-qual").

Pre-Qualification Power

Several advantages open to you once you have found your next house, and have pre-qualification. The first is that you will know the amount you'll be able to afford when calculating your offer. More important to the existing home owner, your pre-qualification is like your having walked into their house with a suitcase full of money ready to purchase the house! They won't need to wonder if they are wasting their time if you will not have the ability to qualify for a big enough mortgage. The seller of the home won't wonder if he can trust you to qualify for your mortgage in the amount you'll need.Your qualifying for the necessary loan amount won't be something for them to worry about. You'll have the clout of a buyer ready to make the deal right now!

We will help you pre-qualify

When we pre-qualify you, we help you decide how much of a monthly mortgage payment you can fit in your budget, and how much we of a loan you will qualify for. The process outlines your financial situation - your debts, income, career, down payment money, among other things. It's quick and basic; and we keep the paperwork to a minimum.

One on one

You can always use the calculators on this site to calculate how much mortgage you'll be able to afford - but it's also essential to talk with one of our mortgage professionals. For one thing, you'll need a Pre-Qualification Letter! Then, we'll make sure we have chosen the right mortgage loan program for your situation. We're waiting to hear from you: call us at (317) 595-9600.

Have questions about pre-qualifying? Call us at (317) 595-9600. Milestone Mortgage, Inc. answers pre-qualifying questions every day.

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