Login menu Jump to: Prequalify for a Mortgage Is a new home in your future? A prequalification letter is the first step in your homebuying journey. Apply for a Prequalification Letter (opens in a new tab) Find a Mortgage Loan Officer Home Personal Borrow Mortgages Prequalify for a Mortgage WHICH MORTGAGE IS RIGHT FOR YOU? Fixed or Adjustable Rate? Know the differences so you can choose what's best for you. Read More Get your mortgage prequalification letter from a lender you can trust After countless hours spent working with a realtor and/or scrolling through homes online, you’ve found a few intriguing listings. You’d like to take the next step. But how do you put your best foot forward—while smoothly navigating the process of purchasing a home? Whether you’re an experienced buyer or in the market for your first home, getting a prequalification letter is crucial. When you prequalify for a home loan, you’re getting an estimate of what you might be able to borrow based on information you provide about your finances. In short, obtaining a “prequal” letter does two things at once: Helps you figure out how much borrowing power you have, and It shows sellers’ realtors—and their clients—that you’re a serious potential buyer. Prequal letters are far from “one size fits all.” At First American Bank, we know that every homebuyer, and every homebuyer’s journey, is different. Determining the right terms and assessing a buyer’s borrowing potential requires careful consideration and benefits from a personal touch. Additionally, if you’re a first-time homebuyer, you probably have a lot of questions. Our mortgage professionals will explain the ins and outs of financing your home, review our current mortgage rates—and help you approach the buying process with confidence. For something as personal as buying a home, you’ll want a personalized lending experience. First American Bank is a trusted prequalification partner for homebuyers who want to simplify the buying process, boost their negotiation power, and close on the property of their dreams. Ready to make a move? It's easy. Apply for your free prequalification letter online today. Simply follow the onscreen instructions by starting a new application and selecting “Pre-qualification.” If you have any questions, contact an Illinois, Wisconsin or Florida mortgage loan officer near you. To learn more about why you should get a prequal letter and how we can make the process easier for you, read this article in our Insights section. Disclosures Subject to credit approval. A mortgage prequalification letter is based on high-level financial information obtained from a credit report and does not guarantee a mortgage itself. Standard rates apply. Get Started Apply for a Prequalification Letter Talk to a Mortgage Loan Officer Go to slide 1 Go to slide 2 Very professional bank to do business with. Share Your Story Homebuying Resources Loan Calculators Meet Our Mortgage Loan Officers Get More For Your Money Freedom of choice is just the beginning Checking Accounts Pump up your earning power Money Market We Do More For Your Money First American Bank in Illinois, Wisconsin and Florida offers valuable personal and business banking solutions including checking accounts, savings accounts, mortgages, commercial loans and much more. Bank online, with our mobile app or visit one of our conveniently located branches today. Customer Service Phone Number: (847) 952-3700 Routing Number: 071922777 Our Team FAQs Connect With Us Facebook icon Twitter icon Linkedin icon Instagram icon © 2021 First American Bank Careers Sitemap Website Accessibility Terms of Use Privacy & Security