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What’s the Difference Between Pre-Qualified and Pre-Approved?

  • The Mortgage Nerd
  • Nov 17, 2025
  • 1 min read

Understanding the Difference

These terms cause confusion, but they’re not interchangeable.


Pre-Qualification

  • Quick

  • Based on self-reported info

  • Useful for early planning

  • Not strong enough for offers


Pre-Approval

  • Documents verified

  • Credit pulled

  • Numbers confirmed

  • Accepted by sellers and agents

  • Strong enough for submitting offers


If you want negotiating power and confidence, pre-approval is the stronger choice.

 
 
 

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