Found 1 blog entry tagged as mortgage loan pre-approval.

If you ask your friends, co-workers, family members or business associates they will all tell you different things when it comes to the merits of getting pre-approved vs. pre-qualified for a mortgage loan before buying an Austin Texas home for sale but the BIG question is which choice is better?

In this article we will break down mortgage loan pre-approval vs. pre-qualification so you will know which choice is the better option to make when you get ready to buy a home in Austin.

What Exactly Does Pre-Qualified Mean?

During the pre-qualification process the lender will take a “higher level” view of your finances and say that you’re pre-qualified for $200,000 but that doesn’t actually mean you’re going to get pre-approved for that amount…

1491 Views, 0 Comments