The Importance of Pre-Qualifying

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Even if you have not so much as narrowed down houses to visit yet, it is advantageous to visit with your mortgage pro early. Why? When you do not know yet how much house you want to qualify for, what could we help you with?

We Can Help You Pre-Qualify

We can help you calculate how much of a loan you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. We will accomplish this by reviewing your income and debts, your work and residence circumstances, the funds available for down payment, required reserves, and other considerations. It's quick and to the point; We keep the paperwork light.

After you qualify, we present to you a Pre-Qualification Letter (your real estate agent may refer to it as a "pre-qual"), that states that we are partnering with you to find the best loan to fit your situation and that we're confident you will qualify for a mortgage for a specific amount.

Pre-Qual Power

With your pre-qualification letter, several advantages fall at your feet when you find the house you want to put together an offer on. The first is that you can know the amount you'll be able to afford when determining the offer. More important to the current home owner, your being pre-qualified is like your having entered their front door with a suitcase full of money to make the deal! They won't have to worry that they have been wasting their time if you can't have the ability 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 mortgage in the amount you'll need.Your qualifying for your needed loan amount won't be something for them to worry about. They have a virtual guarantee to trust your ability to back up your offer.

We can help you pre-qualify

When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and the loan amount you will qualify for. In this process, we calculate your borrowing potential - reviewing your earning status, available money for down payment, debts, income, and other circumstances. We will require a minimum amount of paperwork, and avoid a lengthy process.


While you can benefit from our mortgage calculators on our site, it will be a good idea to sit down and talk with us. For one thing, you'll want a Pre-Qualification Letter! Then, we'll make sure we have the right mortgage loan program for your situation. We're eager to hear from you: call us at 248-644-1200.

Have questions about pre-qualifying? Call us at 248-644-1200. Prime Capital Mortgage Corp answers pre-qualifying questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
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Tell us about your credit history.