Pre-Qual vs Pre-Approval: Know Before You Buy (Business Opportunities - Other Business Ads)

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Item ID 133055813 in Category: Business Opportunities - Other Business Ads

Pre-Qual vs Pre-Approval: Know Before You Buy


For first time homebuyers in Burlington and Hamilton, understanding mortgage pre-qualification and pre-approval is essential. Pre-qualification involves a basic review of your finances, giving you an idea of your borrowing power without a formal commitment. Pre-approval, however, is a thorough process where your income, assets, and credit are verified by the lender, resulting in a conditional loan commitment. This distinction is vital for first-time homebuyers because pre-approval not only strengthens your bargaining position with sellers but also provides a clear picture of your affordable price range, making the home-buying process smoother and more efficient.


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Target State: Montana
Target City : Oakville
Last Update : May 30, 2024 8:19 AM
Number of Views: 40
Item  Owner  : Loewen Group Mortgages
Contact Email:
Contact Phone: 2893374029

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2024-09-18 (0.380 sec)