Mortgage and Lender Information
What is the difference between being pre-qualified and pre-approved?
Pre-qualification is an informal determination by a lender stating how much you can afford. Pre-approval is a guarantee in writing by a lender to grant you a loan up to a specified amount.Mortgage and Lender Information
Selecting a Lender
Loans are available from many sources, including mortgage companies, savings and loan institutions, banks and credit unions. In order to find the best home loan for you, contact several lenders to discuss the options they offer, their rates, closing costs, and other fees.