Why You Need a Pre-Approval Not a Pre-Qual!

As a home buyer, competition is fierce! Homes sell fast and you may find yourself in a competing situation. You want to be prepared as a buyer with your financing in place and a pre-approval letter from a reputable lender. You don’t want to miss out on a home or have your financing fall through after you make an offer! Check out this video to understand why you need a pre-approval and not a pre-qual for buying your home.