What’s the Difference?

Pre-Qualifications vs Pre-Approval, What’s the Difference?

Posted by Shawn Simpson // September 25, 2019

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The terms pre-qualifications vs. pre-approval, what’s the difference? The two terms are often used interchangeably, both by homebuyers and by some real estate professionals . However, they have completely different meanings and it’s important to know the difference. Pre-Qualifications vs Pre-Approval, What’s the Difference? In a nutshell, a mortgage pre-qualification generally occurs when you fill out some […]


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