Home Loan Pre-qualification. Home Loan Pre-approval. What's the difference? Sometimes people think that pre-approval and pre-qualification are interchangeable terms, but realistically they are not. Pre-approval is a much better ace in the hole for you if you're going to buy a home. In today's competitive market, some real estate agents will even require their client to have a pre-approval before they spend time with them looking at homes, for a simple explanation. A pre-qualification is usually

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