Pre-Qualification vs. Pre-Approval

So what's the difference between pre-qualification vs. pre-approval when it comes to your home loan? Are they the same thing or different? And when should you get either one in the home buying process?
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LET'S CONNECT:

Let's connect to discuss your home buying strategy:
→ Send me a text [phone]

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OUR PROCESS:

We can help you save thousands on your next home without spending a ton of time! My team and I will customize your home financing strategy so you can quickly and efficiently get the home you are looking for at the right price. Here’s how our two-step process works:

First, we get you pre-approved so you know your options and what your buying power is. Next, we get you aligned with one of our top real estate partners who will help you negotiate the best deal on your home.

Whether you are a first time home buyer or looking to invest in your next rental property, we have helped numerous clients over the last 15 years save thousands of dollars without spending a ton of time on the home-buying process. Ready to get started? Let's discuss your options.
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ABOUT ME:

My name is Sean Uyehara, branch manager at loanDepot. And I'm dedicated to helping homebuyers like you get pre-approved on your mortgages across America. Whether you're purchasing, refinancing, downsizing, buying a rental, or even your first mortgage, we got you covered. Specifically, I'm licensed in these states: Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Hawaii, Illinois, Indiana, Louisiana, Michigan, Missouri, Montana, North Carolina, Nevada, Ohio, Tennessee

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HASHTAGS: #SeanUyehara #loanDepot #MortgagesAcrossAmerica

[lobol.]

You're the most awesome-nest! There's no one else we'd work with.
Thanks for all you do. 🤟🏾

[SeanUyehara]

What topic should I do a video about next?

[NicoleRelaxingMusic]

Hi Sean, I would like to start the process for a Pre-Approval. Can you get back to me please