Loan Pre-Qualification vs Loan Pre-Approval

Real Estate Agent with Real Living Realty Services, Inc

Do you know the difference between being pre-qualified and pre-approved for a home loan?  There's a very important distinction, which can make or break a home deal for a buyer or seller.  This means your loan application has actually been through an underwriter, and all they're waiting on is the exact when you do find that perfect home, financing piece should be a snap (unless, of course, something negative has happened with your finances in between).  As a home buyer, you need to be pre-APPROVED for a loan; as a seller, you need to make sure your buyer is pre-approved.    To find out more about loans, contact my Real Living Mortgage consultant at  While there, feel free to search for your next home, request the value of your home, and much more. 

Kimberly Daeger, Realtor Service Excellence for Buyers and Sellers Real Living Realty Services, Inc. Cell:  937.545.6294

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