Mortgage Pre-approval vs Pre-qualification Letter

What is the difference between a mortgage pre-approval vs a pre-qualification letter? Why seller’s will want the buyer to get a pre-approved loan.

Source: www.maxrealestateexposure.com

Why sellers prefer a pre-approved loan over a pre-qualified loan

See on Scoop.itOcean City MD & DE Beach Resort Real Estate – ‘Sun, Sea, Style’ Homes for Sale & Rent – Susan Antigone-ShoreFun4U

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s