Mortgage Pre-Approval

Hunt for your next home with confidence thanks to our free mortgage pre-qualified program. Our pre-qualification process is designed to provide a general sense of how much you’ll be eligible to borrow for a home. By providing information about your financial and credit history, First Merchants can estimate how much you’ll likely qualify for.

The ideal time to get pre-qualified for a mortgage is just before you start home shopping. In a competitive housing market, getting pre-qualified for a mortgage can help you stand out from other prospective buyers. Mortgage pre-approval, also sometimes referred to as mortgage pre-qualification, signals to realtors, builders and sellers that you’re a serious buyer. It also gives you a better sense of what your monthly payment, interest and down payment will look like.

How do I get pre-qualified for a mortgage?

The process to get pre-qualified for a mortgage is quick and straightforward. To get started, you’ll need to submit details about your current expenses and financial assets, as well as your employment and income history. Lenders will also review your credit history and tax information. All of this information is subject to review and approval by a qualified underwriter.

Mortgage pre-qualification from First Merchants Bank is good for 90 days. This assumes there are no changes in financial and credit conditions since the pre-qualification was issued. If you’re still shopping for homes after the 90-day window closes, you can request a renewal.

Get Started Today!

For more information, call us at 1.800.205.3464 or contact us.

Download First Merchants Mortgage Loan Originators' Unique Identifier Numbers