Get a mortgage prequalification

Mortgage prequalification is an informal evaluation that helps you determine how much home you can afford. Get prequalified or even preapproved before you start shopping for a home.

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The best lenders for your prequalification

  • Offers loan products starting with as little as 3% down
  • Offers a single online platform for the entire mortgage loan process
  • Offers an "underwriter reviewed" preapproval letter in as little as 24 hours
  • Read our Better.com review
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at Better.com
  • Specializes in serving minorities, low-income, and other underserved borrowers
  • Offers multiple down payment assistance and grant programs including 0% down CalHFA program
  • Online application, nationwide branch locations, and phone and email support with extended hours
  • Read our New American Funding review
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at New American Funding
  • Largest FHA lender in the nation with a 1% down payment program for qualified buyers
  • Allows you to complete the process entirely online and gives a loan decision in minutes
  • Offers live chat and customer support with extended hours
  • Read our Quicken Loans review
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at Quicken Loans

With a mortgage pre-qualification, a lender gives you an informal evaluation of whether you meet minimum requirements for a loan and how big that loan may be. This is a crucial step for those who aren’t sure whether they’re financially ready to buy a home. However, if you’re confident in your finances or have already been pre-qualified, you might want to get preapproved instead.