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Do prequalification imply that I’m protected a mortgage?

Do prequalification imply that I’m protected a mortgage? Whenever ought i get prequalified? Local plumber to acquire prequalified was upfront domestic hunting. It helps lay your financial allowance, whilst delivering facts so you’re able to agents that you will be able to get a property. Was prequalification exactly like pre-acceptance? You really have and additionally read the definition of “pre-approval” put whenever these are a mortgage. Prequalification and preapproval are not interchangeable terminology consequently they are a couple different processes.…