prequalified: Pre-Approval vs. Pre-Qualification
- 05/26/08 11:31 PM
Did you know that loan pre-approval and loan pre-qualification are different? Loan pre-approval is simply based on financial information without verification. Being pre-qualified is a much stronger position to have when negotiating for a home. If a seller sees that you are pre-qualified they know you are a ready, willing and able buyer. Being pre-qualified also saves emotional stress by knowing your loan is approved earlier in the home buying process and eliminates looking a homes that you may not qualify for. I can help you get started with your pre-qualification immediately. Call or email me if you would like a list (0 comments)
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