When to Speak to Your Mortgage Pro About Pre-Qualifying

Shopping for a mortgage loan? We will be glad to help! Call us at (317) 595-9600. Ready to begin? Apply Now.

It's important to see a mortgage loan pro first, even if you haven't settled on what sort of house to search for. Why? How can we help you before you have made your offer, and do not know yet how much you want to borrow?


We can help you see how much of a mortgage you can afford, and how much money you may be able to borrow, by taking you through pre-qualifying. During this process, we explore your borrowing capacity - analyzing your job, money available for down payment, debts, income, and other areas. It's short and to the point; We keep the paperwork light.

At the point you are determined to be eligible, we will prove our confidence in your ability to qualify for a mortgage loan by giving you a Pre-Qualification Letter (also known as a "pre-qual").

Pre-Qualification Power

When you locate the house that is right for you, and you want to put together an offer, being pre-qualified for a loan will do a couple of things. First, it helps you know how much you're able to offer. Even more important to the existing owner, your pre-qualification letter gives them confidence - as if you'd arrived at their home with a bag of cash to make the offer! They won't have to worry that they have been wasting their time if you do not be able to qualify for a high enough mortgage loan. The seller of the home won't be concerned that he won't be able to trust you to qualify for your loan.Your qualifying for the necessary loan amount will not cause them concern. They have a virtual guarantee that they can trust your buying power.

We can help you pre-qualify

Our mortgage professionals can help you determine the loan amount you can qualify for and the monthly payment amount you are able to afford by helping you pre-qualify. During the process, we look at your borrowing potential - reviewing your earning status, money available for down payment, existing debt, income, and other circumstances. It's short and to the point; and we take pride in keeping the paperwork light.


It is important to sit down and meet with us, even though you are welcome to also use the helpful mortgage calculators on our site. That way, we will be able to help you get your pre-qualification letter. Then, we'll make sure we have selected the best mortgage loan program for your situation. Contact us at (317) 595-9600 to get your pre-qualification process started.

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

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