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Want to be connected with a great, trusted lender? Click here: https://mailchi.mp/25d6eb4f6c03/lender What is the difference between pre-qualified and pre-approved? Why is this important? Getting pre-qualified and pre-approved is very important when you are buying a house. These terms are often used interchangeably. Getting pre-qualified is the first step on the road to home ownership. You can complete the pre-qualification with most lenders online, on the phone, or in person. They will ask you a series of questions about your income, debts, and assets. They may also do a credit check. Become pre-approved is the next step in the mortgage lending process. The pre-approval phase will ask for the actual proof of things you stated in the pre-qualification step. You will provide W2's, pay stubs, and a summary of your assets. If you are serious about buying a home, take the extra time and go through the pre-approval process. You are going to have to turn in this information no matter what. Go ahead and get the peace of mind knowing that you have a solid pre-approval. KeyPoint Homes by Sarah is a full service real estate group serving the Northeast Georgia area. Buying and selling shouldn't be difficult and we pride ourselves on making this process as easy as possible! www.facebook.com/keypointhomes / keypointhomesbysarah www.keypointhomesgroup.com Don’t forget to Like and Subscribe to my channel for more great videos and tips! If you want to talk to me about North Georgia real estate feel free to email me at [email protected] or call 470-577-6472. Keller Williams Atlanta Partners Real Estate License #382362