What’s the Difference Between Getting Pre-approved & Pre-qualified?

2017-11-30T20:28:49+00:00October 8th, 2015|Homebuying Tips, Las Vegas, Mortgage News, Tips for Realtors|

  Many people mistakenly believe that getting pre-approved for a mortgage is the same thing as getting pre-qualified. They are NOT the same! Here's the difference: Getting Pre-qualified Most sellers will require your pre-qualification letter before they’ll even consider your offer. Ask your lender for a prequalification letter. These are relatively simple to get and [...]