The Michael Durr Podcast

What’s the Difference Between a Pre-Qualification and Pre-Approval?


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Are you unsure whether pre-qualification or pre-approval is best for you? Many buyers make the mistake of relying on pre-qualification, not realizing how much stronger a pre-approval can make their offer more enticing to sellers. That’s why today, I’ll walk you through the key differences and explain why pre-approval is the more secure choice when buying a home. With pre-approval, you’ll be more confident and competitive, with a verified loan that strengthens your offer. Find out more in my latest video.
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The Michael Durr PodcastBy Mortgage Broker at The Kingwood Mortgage Guy