Before jumping headfirst into the housing market, a prospective homebuyer will have a general idea of where they want to live, how they want to live and how much home they can afford. And when you start to shop around for a lender and look at mortgage options, you’ll begin to hear the terms pre-approval and pre-qualification.
They sound interchangeable, but they have different meanings when it comes to the home buying process.
Continue reading Pre-qualified vs. Pre-approved. What’s the difference? at Movement Mortgage Blog.