The Importance of Obtaining Mortgage Preapproval Pre-Approval sets buyers up for success and provides a more streamlined home-buying process. How do you get preapproved? What's the difference between preapproval and prequalification? << RETURN Mortgage Pre-Approval vs Pre-Qualification When you're prequalified for a home, you'll receive an approximate judgment from your lender of your loan borrowing … Continue reading Pre-Approval: The First Step in The Home Buying Process