Pre-Approval vs Pre-Qualification What Is The Difference?

Pre-Approval Vs. Pre-Qualification | What Is The Difference?

Do you want your offer to be taken seriously? You will want to know the difference between Pre-Approval vs Pre-Qualification

If you're going to beat out any other potential offers, you'll need to make sure you are fully preapproved - before you start looking at properties. After all, there's little point in shopping for homes before you know how much you can actually afford.

REASON #1: A prequalification to purchase a house doesn't carry much weight.

REASON #2: You'll really know your budget.

REASON #3: You'll have more leverage over the competition.