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Mortgage Minute: What is the difference between Prequalification versus Preauthorization? episode artwork

EPISODE · May 9, 2023 · 3 MIN

Mortgage Minute: What is the difference between Prequalification versus Preauthorization?

from Financial Residency · host Doug Crouse

Before you buy a home, your realtor will likely ask you for a letter from your lender to verify that you are qualified to buy the home. Your lender has two options to provide you - a prequalification or a preauthorization letter. Doug discusses the difference between the two and why you might want one over the other based on your circumstances.

Episode metadata supplied by the publisher feed · Published May 9, 2023

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Mortgage Minute: What is the difference between Prequalification versus Preauthorization?

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How long is this episode of Financial Residency?

This episode is 3 minutes long.

When was this Financial Residency episode published?

This episode was published on May 9, 2023.

What is this episode about?

Before you buy a home, your realtor will likely ask you for a letter from your lender to verify that you are qualified to buy the home. Your lender has two options to provide you - a prequalification or a preauthorization letter. Doug discusses the...

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