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prequal letters: Pre-Qualification Letter vs Pre-Approval Letter vs Commitment Letter - Knowing the differences - 07/16/09 01:36 PM
 

 
WARNING - Common sense prevails here..... 
 
Does this sound easy to answer? Which came first, the chicken or the egg?  How about this question.... Do you know the difference between a pre-qual letter and a pre-approval letter?  Both answers could differ greatly, depending on who you speak to and who is a professional on the subject matter and who isn't. I just wanted to dig a little deeper into this. There seems to be a major misunderstanding in my opinion.
You first need to read this post by Steve Kappre & the comments: Pre-Approvals that pack a … (40 comments)

 
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Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

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I just want to educate people about mortgages and the process. In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.







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