Title Max Loan

Pre-Approved vs Pre-Qualified

Posted by on Fév 24, 2020 in Title Max Loan | 0 comments

Pre-Approved vs Pre-Qualified What’s the distinction between a pre-qualified and pre-approved for mortgage loans? Pre-Qualified Pre-Approved outcomes A ballpark loan estimate an initial credit review Credit Check No credit check Does add a credit check The Procedure It is not too difficult to get a page of pre-qualification. The process of securing a pre-qualification page typically involves calling up a mortgage lender and supplying all of them with some information that is financial. A pre-approval, having said that, involves a credit check that is preliminary....

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