Category Archives: Albany NY Mortgages

News and information on mortgages in Albany, NY. For home buyers, home owners, real estate agents, and anyone who is interested in obtaining or learning more about mortgages in Albany, NY.

Pre-Qualification vs Pre-Approval

It’s important to understand the difference between a mortgage pre-qualification from a mortgage pre-approval. Most people use the term pre-approval without really understanding what it means. People are simply more familiar with the term pre-approval versus the term pre-qualification. There is a big difference between the two terms.

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May 20, 2011 at 12:24 pm | Comments Off on Pre-Qualification vs Pre-Approval