Pre-Qualification Defined. Understanding Pre-Qualification Vs. Pre Approval

Pre-Qualification Defined. Understanding Pre-Qualification Vs. Pre Approval What Exactly Is Pre-Qualification? The expression pre-qualification relates to an estimate for credit distributed by a loan provider centered on information given by a debtor. Pre-qualifications are conditional and include the financial institution reviewing a debtor's creditworthiness before giving a pre-approval. Loan providers...