Mortgage Prequalified and Mortgage Preapproval

2 years ago
18

Pre-Qualified vs Pre-Approved. What's the difference between prequalified vs preapproval and which do you want when getting a mortgage pre-approval in the home buying process? Being prequalified and PreApproved are different types of mortgage approvals processes when you are starting out in your home buying journey. Both processes will result with documentation.

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