Pre-qualification

Pre-qualification - Politics, Business, Civil, History - Posted: 21st Jan, 2010 - 12:38am

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Post Date: 15th Jan, 2010 - 6:09pm / Post ID: #

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Pre-qualification

Pre-qualification

In Real Estate terminology how do you define what "Pre-qualification" mean exactly?

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21st Jan, 2010 - 12:38am / Post ID: #
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Pre-qualification

It's basically when you provide all your documentation and the loan officer writes that you have the ability to pay back for the loan. Keep in mind though, he/she may or may not have checked your credit score, etc.


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