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Difference Between Mortgage Pre-approval vs Pre-qualification – In a nutshell, the difference between being "pre-approved" and "pre-qualified" is as follows: " Mortgage pre-qualification" is a determination about whether or not the prospective applicant will most likely qualify for a loan within the lender’s current programs and standards.
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Pre-Qualified vs. Pre-Approved: What's the Difference? – You've heard the terms "pre-qualified" and "pre-approved," but which do you need? While they seem similar, the differences can be key to your home loan.
Mortgage Pre-approval vs Pre-qualification | Mortgages | BMO Harris – Should you get pre-approved or pre-qualified for a mortgage? Learn more about mortgage pre-approval vs pre-qualification and which is right for you.
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