Tag: Preapproved

Posted on 04/05/2020
Pre-Qualification and Pre-Approval: Two Different Steps
Photo by Tayeb Mezahdia via Pixabay When you start looking for your dream home, you need to know how much mortgage you will qualify for. Your real estate agent might ask you to get a pre-qualification letter. However, just because you are pre-qualified doesn’t mean that you will get the loan. You need a pre-approval for that, and...
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Posted on 09/22/2019
Mortgage Pre-Qualification Versus Pre-Approval
Securing mortgage pre-qualification and pre-approval are two crucial steps which assure lenders that you will be able to afford payments. Pre-qualification and pre-approval are quite different, but they do share numerous benefits. As you get ready to finance a new home, you have probably come across mortgage pre-approval, mortgage pre-qualification, or even both of them. So what does...
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