Getting prequalified lets you know how much you can borrow to buy your next home. With prequalification your offer to purchase that next home will stand a better chance of being accepted by the seller and the closing process will move quicker and more efficiently. Most realtors do not want to submit offers from buyers who have not been prequalified by a strong lender. To get a written prequalification from Mackinac contact a loan officer. There is no obligation.