Prequalified vs. Pre-approved: what’s the difference?
Prequalification calculates the amount you can borrow based on a largely informal assessment of your finances. Pre-approval is heavier and ...
What is mortgage prequalification?
With prequalification, lenders determine if you meet the basic financial criteria for a home loan. To qualify first, give a ...
Documents required for a mortgage pre-approval letter: a checklist
You don't need to get a mortgage pre-approved before heading home, but it's a good idea, especially in a seller's ...