Pre-Approval for a Mortgage or Pre-Qualified for a Mortgage. When negotiating for a home purchase, which is best.
Rick Schutte, the designated broker/owner of Coldwell Banker Koetje Real Estate, interviews, Lyn Bankowsi, senior loan originator for Alaska USA Mortgage in Oak Harbor, about this very important negotiating subject. If you are a buyer, you want to make sure that you have a pre-approval letter from your lender and if you are a seller, please ensure that the buyer is qualified by insisting on a pre-approval letter from their lender.
Please watch this short video for some interesting information from a highly qualified lender, regarding Pre-Approval vs. Pre-Qulification.
Updated news and events relative to Oak Harbor and Whidbey Island Washington Real Estate.
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