What is a Pre-approval?

The pre-qualification goes a step beyond that to actually approve you from a credit perspective. My way of looking at the difference is you get pre-qualified to see what you want to do, and you get pre-approved to be in a position to actually do it.

By | 2014-08-28T00:29:54-08:00 June 15th, 2010|Loan Talk|0 Comments