Buffini & Company Resources

Know the Difference Between Prequalification and Preapproval

Difference Between Prequalification and Preapproval
552KB XDownload

Fill out form to download

Thank you!

If your download doesn’t start, you can download it here

On a mobile device? View here

The terms “prequalification” and “preapproval” are often thought to be the same thing but in fact, they are very different. Prequalifying is a relatively easy process while preapproval involves a much more assessment of potential buyer’s data by a lender.

Download this resource to learn the important differences between the two terms and how you can help your clients be prepared for each scenario.

Related Products and Resources: New Agent Guide: Learning the Language of Real Estate, 21 Unexpected Extra Costs to Prepare Your Clients for When Buying a Home, Ask These Six Questions to Qualify Your Buyers

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

May 23, 2023

5 Strategies to Increase Listings in a Tight Market

Lead generation is the most important part of a real estate agent’s job. Although home inventory […]

May 4, 2023

Coaching Tips to Help You Gain Back Your Motivation

Motivation is the driving force behind every successful individual. It is what keeps us going, pushing […]

February 22, 2023

The Value of Taking a Pause

In today’s culture when it seems we have multiple ways to work 24/7, there is a […]

January 25, 2023

How to Earn More in Any Market

Are you ready to take your business to the next level but not sure where to […]

January 18, 2023

Quotes to Inspire and Motivate You in Business and Your Life

Sometimes hearing an affirmation or motivational quote can be just what you need to keep going […]

January 11, 2023

Be the Real Estate Professional Your Clients Will Rely On

Originally posted on RISMedia.com For the last few years, real estate agents have been working virtually […]