Pre-Qualified or Pre Approved?     

If you are thinking of asking us to help you find an REO home to buy ( A home already foreclosed on by the bank.) Please let us help you get pre approved for the money you need to borrow.   The difference between a pre-qualification letter and a pre-approval is almost a great as the difference between cash and a loan. 
A pre-qualification letter can be obtained very easily and normally only requires a phone interview. Because of this, sellers have begun to ignore pre-qualification letters and insist on pre-approval letters.
A pre-approval letter is only obtained after at thorough examination of your finances - just as would happen if you were actually applying for a loan, which in this case, indeed you are.  You will need all your financial records, tax returns, bank statements, social security cards, and financial history and credit scores. - Probably in duplicate! 
We can help you get pre approval - talk to us.