Is A Pre-Qualification The Same As A Pre-Approval?

Raise your hand if you thought pre-qual and pre-approval were the same thing 👐

They're NOT, and confusing the two could cost you your dream home.

Here's the quick breakdown: ✅

 Pre-qual = ballpark estimate, no docs reviewed

Pre-approval = verified, documented, and offer-ready. 

Always go pre-approved in today's market. Sellers won't wait for you to organize yourself. 🙂