Posts Tagged ‘broker’

Pre-qualification vs. Pre-approval: Understanding the Difference

Share A borrower(s) can choose one of two techniques to get qualified when looking for a mortgage. One is a Pre-Qualification and the other is a Pre-Approval. These two terms are often misused and cause a lot of misrepresentation. Let’s see if we could understand the difference between the two. Pre-Qualification is a term meaning [...]