Important: What You Need to Know About Home Loans
Pre-qualification and pre-approval both help you determine your search parameters and the amount of money you will likely be able to borrow for a mortgage.
Pre-qualified vs. pre-approved: What’s the difference?
Getting pre-qualified and pre-approved for a mortgage are both important steps in the homebuying process. While pre-qualification and pre-approval may seem intimidating, they don’t have to be! This article explains both and offers some background for your reference.