Why Pre-Qualify?

Looking for a mortgage loan? We'd be thrilled to talk about our many mortgage solutions! Call us at (773) 774-9040 Ext 121. Want to get started? Apply Here.

Even if you haven't narrowed down homes to visit yet, it is valuable to see your mortgage pro early. Why? How can we help if you have not made your offer, and do not yet know how much you need to borrow?


When we pre-qualify you, we help you figure out the amount in mortgage payments you can afford, and the loan amount you can qualify for. This process walks you through your finances - your debts, income, job, and down payment money, among other things. It's short and basic; We take pride in keeping the paperwork light.

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

Buying Clout

Once you find a house that catches your eye, and you decide to put together an offer, being pre-qualified for a mortgage will do several things. First, it lets you know the amount that you are able to offer. More important to the existing home owner, your being pre-qualified is like your having walked into their house with a bag full of money ready to purchase the house! They need not be concerned they have been wasting their time if you don't have the ability to qualify for a big enough mortgage. The seller won't be concerned that he can't trust you to qualify for your mortgage in the amount you will need.Your qualifying for the necessary loan amount won't be something for them to be concerned about. You will have the influence of a buyer ready to make the purchase right now!

We will help you pre-qualify

We can help you calculate how much of a mortgage loan you can afford, and the amount of money you can borrow, by walking you through the pre-qualification process. This process outlines your finances - your debts, income, job, down payment money, among other things. We require a minimum amount of paperwork, with a short, basic process.

Face to Face

While you are able to benefit from our mortgage calculators on this site, it will be a good idea to meet with one of our mortgage professional team members. For one thing, you'll need a Pre-Qualification Letter! Next, we can consider your mortgage program options and make sure you have selected the right one. Contact us at (773) 774-9040 Ext 121 to get your pre-qualification process started.

Have questions about pre-qualifying? Call us at (773) 774-9040 Ext 121. Forum Mortgage Bancorp answers pre-qualifying questions every day.

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