prequalificat9ion: What's the Difference in Pre-Qualification and Pre-Approval?
- 11/12/19 06:37 PM
What's the Difference in Pre-Qualification and Pre-Approval?11/13/2019 Before looking for a home, you need to know how much you can afford. While you may have a number in your head, the lender has the final say. Securing a pre-approval from a lender helps make the home buying process easier and helps to avoid delays. Many buyers confuse the terms pre-qualification and pre-approval. They mean two different things. In simple terms, a pre-qualification is an estimate of what you can afford. A pre-approval is a conditional approval based on the proof you provide. The pre-qualification is a preliminary step some borrowers … (0 comments)
What's the Difference in Pre-Qualification and Pre-Approval?11/13/2019 Before looking for a home, you need to know how much you can afford. While you may have a number in your head, the lender has the final say. Securing a pre-approval from a lender helps make the home buying process easier and helps to avoid delays.
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