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Buyer Advice Michael Unis Buyer Advice Michael Unis

Pre-Qualification vs. Pre-Approval

Pre-qualification and pre-approval are terms we use almost every day. Lender Commitment can be confused with pre-approval as well. But, each is distinctly different. Here’s a summary explanation of how each of these terms differs from one another that might be helpful when these terms come up in conversation with your Realtor or Mortgage Lender. 

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    Buyer Advice

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  • Pre-Qualification vs. Pre-Approval

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    Pre-qualification and pre-approval are terms we use almost every day. But, each is distinctly different.

    3 Minute Read
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