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Pre-Approval vs Pre-Qualification: The ULTIMATE First-Time Homebuyer Guide
In this episode of Loans Elevated, hosts Broch Lassig and TJ Heidenreich tackle one of the most common sources of confusion for first-time homebuyers: the difference between pre-approval and pre-qualification.
Join us as we break down:
- What exactly is a pre-approval, and how does it differ from pre-qualification?
- Why getting pre-approved can give you an edge in a competitive housing market
- The documents you'll need for each process
- How long pre-approvals and pre-qualifications typically last
- Common misconceptions about these important first steps in the home buying journey
Whether you're just starting to think about buying a home or you're already house hunting, this episode will arm you with the knowledge you need to navigate the initial stages of the mortgage process with confidence.
🎙 Welcome to the Loans Elevated Podcast!
Your go-to source for expert insights on mortgages, real estate trends, and home financing strategies. Whether you're a first-time homebuyer, real estate agent, or seasoned investor, we break down key topics to help you make informed financial decisions.
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Hosted by:
📢 Broch Lassig, Branch Manager NMLS340314
📢 TJ Heidenreich, Sales Manager NMLS1802412
📢 Ryan King, Loan Officer NMLS1870771
Branch NMLS2048956
Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details.
CrossCountry Mortgage, LLC. NMLS3029 (www.nmlsconsumeraccess.org)
🔹 Disclaimer: The information in this podcast is for educational purposes only and not a substitute for professional financial, legal, or tax advice. Always consult with a qualified professional before making financial decisions.