Tag Archives: preapproval

What’s the Difference Between Mortgage Prequalification and Preapproval

What’s The Difference Between Mortgage Prequalification And Preapproval? If you are considering a home purchase, you may have come across the terms “Mortgage Pre-Qualification” or “Mortgage Pre-Approval.” The terms sometimes appear to be used interchangeably, though they are distinctly different processes with different implications for your home search. So what’s the difference between mortgage pre-qualification […]