Pre-Qualification vs. Pre-Approval, What’s the Difference?

This is a fantastic post I found by GO2MORTGAGEGUY. Many people have no idea what the difference is between Pre-Qualification vs. Pre-Approval. It’s not as simple as one may think, especially when it comes to writing offers. Many asset managers who are dealing with foreclosures require full document pre-approval letters. This makes a big difference. Check out his blog post and let me know what you think.

Pre-Qualification vs. Pre-Approval, What’s the Difference?.

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