Why it's Important to Pre-Qualify

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It's valuable to visit with a mortgage loan pro early, even before you've decided the sort of house you hope to find. What for? How can we help before you have negotiated a purchase amount, and don't yet know how much you want to borrow?

We Will Help You Pre-Qualify

Our mortgage professionals will help you determine the loan amount you can qualify for and the monthly payment amount you are able to afford by getting you pre-qualified. We achieve this by reviewing your income and debts, your employment and housing circumstances, your funds available for a down payment, required reserves, and other considerations. It's a short, thorough process with minimal risks for papercuts.

Once you are considered eligible, we will prove our confidence in your capacity to qualify for a mortgage by giving you a Pre-Qualification Letter (also called a "pre-qual").

Power in the Pre-Qual

Armed with your pre-qualification letter, some advantages are yours at the point you find the house you want to make an offer for. First, it helps you know how much you're able to offer. Of greater importance to the home seller, your pre-qualification is like your having entered their house with a bag full of cash to purchase their house! They will not need to wonder if that they have been wasting their time if you don't be able to qualify for a high enough mortgage loan. 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 your needed mortgage loan amount will not cause them concern. You can have the influence of a buyer ready to make the deal on the spot!

We help with your pre-qualification

When we pre-qualify you, we help you decide how much of a monthly payment you can afford, and the loan amount you will qualify for. This process leads you through your financial situation - your debts, income, employment, down payment money, among other things. It's a quick, thorough process with minimal risks for papercuts.


While you are encouraged to use our mortgage calculators on this website, it's a good idea to meet with us. That way, we can help you get your pre-qualification letter. For another thing, we might find a different mortgage loan option that fits your goals better. Let us get you started: Contact us at (260) 338-2561.

Have questions about pre-qualifying? Call us at (260) 338-2561. VSI Home Lending answers pre-qualifying questions every day.

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