Many people use the terms Mortgage Pre-Qualification and Mortgage Pre-Approval interchangeably, but there is a significant difference. So, what's the difference, and why is pre-approval critical to make a competitive offer?
If you want to get PRE-APPROVED for a mortgage, I can recommend several highly reputable, local lenders. These are professionals with whom I have worked because they get deals closed quickly and reliably. NOTE: Realtors do not receive any sort of monetary compensation from mortgage brokers or loan officers, as this would be against the law.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.