Why it's Important to Pre-Qualify

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It's important to visit with a mortgage loan pro early, even before you have determined the sort of house you hope to find. Why? What can we do for you before you have made an offer, and don't know yet the amount you need to borrow?

We Can Help You Pre-Qualify

We can help you calculate how much of a mortgage you can afford, and how much money you may be able to borrow, by taking you through pre-qualifying. This process leads you through your current financial situation - your debt, income, employment, and cash available for down payment, among other things. It is a short, thorough process with minimal risks for papercuts.

Once you are determined to be eligible, we document our confidence in your capacity to qualify for a mortgage by presenting you with a Pre-Qualification Letter (also called a "pre-qual").

Pre-Qual Power

With your pre-qualification letter, several advantages fall at your feet at the point you find the house you want to make an offer for. The first is that you will know what you'll be able to afford when determining your offer. Of greater importance to the current home owner, your being pre-qualified is like your having walked into their house with a bag full of money ready to make the deal! They won't need to wonder if that they're wasting their time if you won't be able to be able to qualify for a big enough mortgage loan. The seller of the home won't be concerned that he can't trust you to qualify for your loan.Your qualifying for your needed mortgage loan amount will not cause them concern. You have the capability to back up your offer.

We help with your pre-qualification

When we pre-qualify you, we help you determine the amount you can afford in monthly payments you can afford, and the loan amount you can qualify for. The process leads you through your finances - your debt, income, career, down payment money, among other things. It is a quick, thorough process with minimal risks for papercuts.


While you can try our mortgage calculators on our website, it's essential to meet with one of our mortgage professional team members. That way, we'll be able to help you get your pre-qualification letter. Then, we can make sure we have found the best mortgage program for you. 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

7168 Graham Road Suite 175
Indianapolis, IN 46250-2683