prequalify

verb

pre·qual·i·fy | \ ˌprē-ˈkwä-lə-ˌfī

variants: or pre-qualify

prequalified or pre-qualified; prequalifying or pre-qualifying

Definition of prequalify

1 no obj : to qualify as a candidate : to meet the preliminary requirements for something She prequalified for a mortgage. Experts suggest that you pre-qualify for a loan before you begin shopping in order to make sure there will be no deal-killing glitches.— Bill Lindsey … sometimes, you will prequalify for an amount that won't pan out in the preapproval process. You don't want to look for homes that, in actuality, you can't afford.— Donna Raskin and Susan Hawthorne To prequalify, contractors are required to complete questionnaires that probe such things as the contractor's financial situation, the experience of the company and its key personnel … .— David J. Pratt

2 obj : to qualify or certify (someone or something) as a candidate The bank prequalified her for a mortgage. … the city prequalified three construction and engineering consortiums to bid on the $535 million project. — The Ottawa (Canada) Business Journal

Other Words from prequalify

prequalified or pre-qualified adjective

a prequalified buyer/contractor prequalified bids

prequalification \ ˌprē-ˌkwä-lə-fə-ˈkā-shən

\ or pre-qualification noun

Prequalification means you fill out all the forms and get a commitment from a lender that it will lend you a certain amount of money on prescribed terms … — Michael C. Donaldson the prequalification process