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Video: Why Pre-Approved is Better Than Pre-Qualified

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Why you should get Pre-Approved, instead of just Pre-Qualified, for your mortgage loan when shopping for your next home.

Video Transcript

The advantages of mortgage pre-approval:

On the path to homeownership there are advantages to getting pre-approved for your mortgage instead of just pre-qualified.

Pre-approval takes the guesswork out of how much house you can afford because it includes reviewing your credit report, verifying your income and approving your mortgage loan before you shop.

When you decide to make an offer on a home both you and the seller know you're already approved for the loan making your offer stronger than an offer from someone who's just pre-qualified.

For an easier path to homeownership start by getting pre-approved for your next home at Ent.

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