These are NOT different names for the same thing. 🚫 With pre-qualification, you provide some info and a lender gives you an idea of how much they MIGHT be willing to lend you. With pre-approval, a lender digs into your credit score, income and other financials to definitively tell you whether or not they’ll give you a mortgage, and for how much. Pre-approval takes longer, but it’s worth it: You’ll get an accurate picture of how much you can afford. #movementmortgage #mortgage #mortgagetips #mortgagetipsformillennials #homebuyers #homebuyingtips #howtobuyahouse #mortgagetipmonday #loanofficer #realestate #realtor #homebuying #homeloans #firsttimehomebuyer #preapproval #buyahouse #newlisting