Pre Qualified Vs Pre Approved Mortgage

Shopping for a home can be tedious. Besides trying to find your dream house, there’s getting a pre qualified vs pre approved mortgage.I can hear you now… Isn’t being pre qualified the same as being pre approved?It turns out they're both very different.One is a good indication of creditworthiness and an estimate of what you can afford. And the other? Well, that’s one step closer to approval and can make it easier to buy a home.What is the Difference Between Pre Qualified vs Pre Approved? When considering a pre approval vs pre qualified mortgage, a pre qualification is the first step [...]