In this video, we break down the difference between getting pre-qualified and getting pre-approved. Pre-qualification and pre-approval are two parts of the homebuying process that sound similar but serve different purposes.

Pre-qualification is an estimate of your buying power, you can use it to look for homes more efficiently.

Pre-approval is an official letter from a lender that you can use to make an offer on a home.

Watch the full video to better understand these differences.

Get pre-approved: [ Ссылка ]

Get pre-qualified: [ Ссылка ]

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