Browsing Tag

prequalified

Sign showing the word preapproval with a home and calculator model to explain the process of being preapproved for purchasing a home.

Buying, Financing a Home, Money, Mortgage,

Prequalified or Preapproved: What’s the Difference?

One of the most important steps in the home-shopping process is for buyers to have an initial assessment of their ability to get a mortgage. As a buyer, already having a mortgage preapproval letter from...