Are Pre-Qualifying & Pre-Approval Different?

By
Real Estate Agent with JP & Associates REALTORS® 0615028

Are Pre-Qualifying & Pre-Approval Different?

Do you know what the difference is between getting Pre-Qualified and being Pre-Approved? When making or accepting an offer on your Frisco TX home it is important to know the difference between the two and how it effects the offer.

For more information please watch the short video below :

Comments (1)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Nick, pre-qualification credibility is dependent upon the honesty and sophistication of the buyer. Pre-approval depends upon the diligence of the lender. Enjoy your day!

Jul 29, 2014 08:31 PM

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