Must I Get Prequalified or Preapproved for home financing?

Must I Get Prequalified or Preapproved for home financing? Despite sounding identical, a prequalified home loan isn’t the identical to a mortgage that is preapproved. Prequalification is usually a fast, free procedure in which a bank takes your economic information and tells you generally speaking exactly what your loan will appear like. Preapproval is really …