Pre-qualification and pre-approval don't have to be daunting tasks. By understanding the differences and benefits, you'll be well-equipped to navigate the homebuying process with confidence. In today's blog we discuss the difference between the two. https://youtu.be/F1D3t3q2348?si=ramJDhKjVYOajxs5 What exactly are pre-qualification and pre-approval? Pre-qualification is like dipping your toes in the water. It's a preliminary step… Continue reading Prequalification versus Preapproval
Planning to secure a home with a mortgage? By following this mortgage to-do list, you can streamline the home buying process and achieve your goal of purchasing a new home. Save some money. Consider setting up a separate savings account specifically for your down payment and closing costs. Automate regular contributions to this account from… Continue reading Mortgage To-Do List
Pre-qualification and pre-approval are terms commonly used in the context of obtaining a mortgage or a loan, and they refer to different stages in the loan application process. Pre-Qualification: Definition: Pre-qualification is a preliminary assessment of a borrower's financial situation to determine the amount they might be eligible to borrow. It is typically based on… Continue reading Demystifying the Pre-Qualification and Pre-Approval Puzzle
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