The Difference Between Pre-Approved and Pre-Qualified When Purchasing a Condo or Home – Shawn Gandhi

Whether you are shopping for a traditional single-family home or a condo, there are several differences between being pre-approved and pre-qualified for a mortgage loan. Unfortunately, people often confuse pre-approval and pre-qualified and assume they mean the same things, but they do not, and these are major differences between the two terms. It is important you understand these differences and...


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