Prequalification vs Preapproval: Why Getting Preapproved is your Secret Weapon in Today’s Homebuying Market

AI Summary:    In today’s competitive Triangle area homebuying market, distinguishing between mortgage pre-qualification and pre-approval is crucial: pre-qualification offers only a quick, unverified estimate based on self-reported info with no hard credit check, while pre-approval provides a conditional commitment letter after a thorough review of verified documents, credit, and finances. Getting pre-approved serves as
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