What if I do not qualify for a mortgage pre-qualification?

If you don not pre-qualify for a mortgage, it may be possible to make adjustments to increase your chances to qualify in the near future. Some things you can work on include: raise your credit score, correct any errors that may be on your credit report, reduce your debt to credit ratio, or save for a higher down payment. Your lender will often work with you and provide advice for improving your chance of mortgage pre-qualification.