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2. Prequalified vs. preapproved: What’s the difference? - AOL

   www.aol.com/finance/prequalified-vs-preapproved...

   The main difference between prequalified and preapproved: Preapprovals hold more weight when trying to buy a home. Prequalifying involves providing some basic financial info to get a general idea ...

3. Mortgage prequalification vs. preapproval: How to time these ...

   www.aol.com/finance/mortgage-prequalification-vs...

   Prequalification is like a quick peek into your wallet. It gives you a rough idea of what you could borrow with a mortgage, based on basic information only. Preapproval, on the other hand, is a ...

4. What’s the Difference Between Being Prequalified and ... - AOL

   www.aol.com/difference-between-being-pre...

   Buying a home is intimidating, to say the least. Being able to afford one is hard enough, and if you get past that hurdle, it's on to dealing with a hot housing market, getting an offer accepted ...

5. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   Mortgage. A mortgage loan or simply mortgage (/ ˈmɔːrɡɪdʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

6. Pre-qualification - Wikipedia

   en.wikipedia.org/wiki/Pre-qualification

   Pre-qualification. In general, to pre-qualify is about passing or meeting an initial criteria or requirements before getting other opportunities opened up to such a person. Pre-qualification is a process whereby a loan officer takes information from a borrower and makes a tentative assessment of how much the lending institution is willing to ...

7. Pre-approval - Wikipedia

   en.wikipedia.org/wiki/Pre-approval

   Pre-approval. In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1] For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that ...