A mortgage prequalification helps potential homebuyers know how big of a loan they might qualify for. Getting prequalified does not negatively affect your credit score — but getting preapproved does.

Getting prequalified or preapproved for a mortgage can be two important steps when you want to buy a home. You’ll find out approximately how much you can borrow, giving you a maximum budget for your ...

Prequalifying for a home loan is the first step of the mortgage application process. To quickly estimate your monthly payment, use Forbes Advisor’s mortgage prequalification calculator. Simply enter ...