Although the terms Pre-Qualification and Pre-Approval are often used interchangeably, the two differ greatly in the process involved in obtaining them and in the benefits they provide when. Here’s what you need to know about each of them: Pre-Qualification: This is a lender’s informal way of estimating how much you may be able to borrow. […]
Did You Know – Pre-Qualification and Pre-Approval Mean Different Things? is a post from: Real Estate Investing Blog For Real Estate Investors