Pre-approval vs. pre-qualification — here’s the real difference. A pre-approval sounds strong, but it doesn’t fully guarantee you can buy a home. Why? Because your rate and payment can still change. Once you’re pre-qualified AND under contract, that’s when you can officially lock your interest rate. Rate locks matter because interest rates move every day—sometimes every hour—which means your monthly payment can shift until you secure a home and lock it in. #preapproval #realestate #interestrates
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Pre-approval vs. pre-qualification — here’s the real difference. A pre-ap…
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Pre-qualification vs. Pre-approval! Know the difference between the two commonly mistaken terms! Let me know what other topics you would want to hear! Connect with me and send me a message anytime! #realestate #realtor #realtorsoffb #realtorsoffacebook #ab #alberta #yeg #yeglocal #yegbusiness #yegrealestate #yegliving #firsthomebuyer #canada | Realtor Kurt Nikolas | Facebook
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Pre-Qualified vs Pre-Approved: What’s the Difference?
Pre-Qualified vs Pre-Approved: What’s the Difference?
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Understanding the difference between mortgage pre-approval and pre-qualification
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What's the difference between mortgage pre-qualification and pre-approval? Here's what you need to know. Start the pre-approval process anywhere with online pre-approvals, new at ATB: https://go.atb.com/2xbfwj | ATB Financial | Facebook
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2.1K views | Happy RED Friday! Today Eric covers the pros and cons of getting a pre-qualification vs. a pre-approval. Find out which one will make the home loan process faster and carries more weight with realtors and buyers. | Low VA Rates | Facebook
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2.1K views | Happy RED Friday! Today Eric covers the pros and co…
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