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What’s the Difference Between Prequalified and Preapproved?

When you get prequalified, you get an estimate of an amount you may be able to borrow based on the information you provide regarding your finances. Prequalification also allows you to discuss your goals and needs with your lender to find the right mortgage option. Once you’ve been prequalified, you will usually get a letterContinue reading “What’s the Difference Between Prequalified and Preapproved?”