12/09/2024
๐ Hereโs something every buyer should know: Whatโs the difference between Pre-Approval and Pre-Qualification? Letโs break it down: โ Pre-Qualification: A quick estimate of what you might be able to borrow. Itโs based on basic info you provide, with no formal verification. โ Pre-Approval: A detailed process where a lender verifies your income, credit, and assets. This gives you a firm borrowing limit and makes your offers much stronger. In a competitive market, pre-approval gives you the upper hand! DM me if youโre ready to take this important step or have any questions. ๐กโจ