My Mortgage Blog

Pre Approval vs Pre Qualification

What's The Difference?

A Pre Approval is when you send me income documents, we verify your down payment, and we go through your credit report with a fine tooth comb.

⭐This gives you an EXACT amount for your home purchase.

👉A Pre Qualification is a conversation to determine if you are ready to obtain a pre approval.

I will ask you questions like:

  • How long have you been with your employer?
  • How much do you have saved for a down payment?
  • What are your current monthly debt liabilities?

Have questions? Contact me ⤵️
Soubhi Abla
📞 (902) 213 8844