Pre-approval vs. pre-qualification — here’s the real difference. A pre-approval sounds strong, but it doesn’t fully guarantee you can buy a home. Why? Because your rate and payment can still change. Once you’re pre-qualified AND under contract, that’s when you can officially lock your interest rate. Rate locks matter because interest rates move every day—sometimes every hour—which means your monthly payment can shift until you secure a home and lock it in. #preapproval #realestate #interestrates
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Pre-qualification vs. Pre-approval! Know the difference between the two commonly mistaken terms! Let me know what other topics you would want to hear! Connect with me and send me a message anytime! #realestate #realtor #realtorsoffb #realtorsoffacebook #ab #alberta #yeg #yeglocal #yegbusiness #yegrealestate #yegliving #firsthomebuyer #canada | Realtor Kurt Nikolas
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Pre-Qualified vs Pre-Approved: What’s the Difference?
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What's the difference between mortgage pre-qualification and pre-approval? Here's what you need to know. Start the pre-approval process anywhere with online pre-approvals, new at ATB: https://go.atb.com/2xbfwj | ATB Financial | Facebook
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FacebookATB Financial
Understanding the difference between pre-approval and pre-qualification can make your homebuying journey feel a lot smoother. 🏠👍😊 Can you LIKE & SHARE this? 👍↗️ Thanks! My goal is to make each step simple, stress-free, and tailored to you. No pressure, just real guidance from someone who cares about helping you move forward with confidence.↗️✅️👌 If you’re wondering which option is right for your situation, I’m here anytime. Let’s talk through it together. 🤝👍😊 — Matt Ehmann | Loan Officer
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