What's the difference between a pre-approval and a pre-qualification? Should you even care? We will show you why being Pre-Approved is what you really want and why you should avoid other pre-qualifications. Don't settle for less.

Get pre-approved before you find your home. Confused about what getting pre-qualified or pre-approved means? You're not the only one. There's a big difference between a mortgage pre-qualification, a pre-approval and an actual mortgage approval.

Getting Pre-Qualified

Getting pre-qualified for a mortgage helps give you an idea of how much you might qualify to borrow. But since you have not actually applied for a loan, and the lender only has your word on your credit, income, assets and liabilities, a home loan or mortgage amount is not guaranteed. With a pre-qualification, no information has been verified. If you receive a letter from the lender, it may only state that you are likely to be approved for a mortgage.

Smarter Solution - AHC Lending Smart Buyer Approval 

The best way to guarantee that you'll have the financing to buy the home you really want is to skip the pre-qualification process. AHC Lending offers an exclusive Smart Buyer approval (approved for 90 days) while you shop for a home. While it's helpful to be pre-qualified for a home loan, it doesn't always guarantee you'll be approved for a loan. Our Smart Buyer pre-approved mortgage is based on your real credit score, and really puts real estate agents and home sellers at ease. At the same time, you're in control when making an offer to a seller. They'll know you're a serious buyer who's ready and able to make a deal. And as a Smart Buyer, you'll be fast-tracked to a full approval (we'll just need to verify a few more things) and well on your way to closing your mortgage.

If you would like to learn more about getting approved for a home loan, call us at (888) 612-4800 and talk to your Expert Loan Consultant today.