Shop for a home with confidence.
Try our mobile-friendly application that will provide us with the basic information needed to get you started with the mortgage process. Through the secure PrimeLending website, we'll ask for your income, assets, and credit information.
+ What is Prequalification?
Prequalification is an estimate of what you might be able to borrow. You will provide your lender with information about your income and assets, and sometimes will submit to a credit check. Your lender then gives you an estimate of your loan amount and loan program.
+ How Does Getting Prequalified Benefit You?
- You will be able to shop with the confidence of knowing your exact price range.
- You can identify credit problems that can be addressed early in the lending process.
- You will typically have more negotiating power, as some sellers see more strength in offers from prequalified buyers.
- If you are self-employed or a commission-based buyer, prequalification can demonstrate financial backing if your income fluctuates more than those of salaried buyers.
- Prequalification gives first-time homebuyers the advantage of equalizing their offer with similar offers made by previous homeowners.
+ Other Prequalification Facts
- Prequalification is offered by most lenders, including PrimeLending, at no cost.
- The prequalification process is not comprehensive and therefore is not guaranteed, nor is it considered any type of loan commitment. It simply shows that you’ve approached a lender who was serious about helping you determine what you can afford and will walk you through the process.
Completing Online Forms
When you complete a form online, such as an online mortgage application, PrimeLending has programs in place to protect it.
+ The privacy of our online forms
The information you supply is encrypted and then decoded to begin processing when it arrives to PrimeLending. If you would like to feel more secure as you work with your confidential information online, you can look for a couple features in your web browser that will provide you assurance that your information is protected. First, you can look for a lock icon, typically found in a lower corner of your web window or at the end of the window where the web address appears. Also, within the web address, you can look for it to read https:// at the beginning of the URL. With it typically reading http://, the addition of the "s" means the site you are visiting is secure. With PrimeLending, you are covered!