MORTGAGE PREQUAL vs PREAPPROVAL: 5 Lender Tips to Help You Understand the Ins-and-Outs of Homebuying

Today I'm here with Annie Garron from VanDyk Mortgage in Largo, Florida talking about the difference between a mortgage prequalification and a mortgage preapproval. You will learn:

• the difference between the two
• why it's important to get preapproved
• what a lender will look for to preapprove a buyer
• as a seller or listing agent, how you can tell if a buyer gave you is a preapproval or a prequalification letter
• how to verify the information in a preapproval letter (Yes! In Florida, you CAN call the lender yourself!)
• what are the biggest challenges Annie is seeing in the market right now

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You can reach Annie with all of your mortgage questions at:

Annie Garron
VanDyk Mortgage
(727) 420-0345
agarron@vandykmortgage.com

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License information:
Cristina Vanthul
SL3070672
Broker: Keller Williams Gulfside Realty