Pre-Approval?
Pre-approval is the next step after prequalification.
To get pre-approved, you’ll need to fill out an official mortgage application, and you must provide the required documentation so they can conduct a complete check on your financial history and current credit scores. We will be able to pre-approve you for a specified mortgage amount after reviewing your overall financial health. Another benefit of pre-approval is that you’ll have a much better idea of the interest rate you’ll be charged before any transactions take place.