Pre-Qualified vs. Pre-Approved: What You Must Know

Knowing the difference between getting prequalified for a loan, and preapproved for a loan�equips you to have the right information at the right time.��

Getting pre-qualified for a loan gives you an idea of how much you might qualify to borrow. You have not actually applied

Source: http://www.forsalebyowner.com/education/buying-a-home/mortgage/293-the-scoop-on-pre-qualified-vs-pre-approved-

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