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  • Who We Are
    • About Us
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    • Latest News
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    • Primary Realtor Partners
    • Lawyer Partners
  • Action Centre
    • About Mortgage Brokers
      • Why Use A Mortgage Broker?
      • When to Contact Us
      • Know What To Ask
      • Your Mortgage Team
    • Things to know
      • First Time Home Buyers
      • Mortgage Qualification Criteria
      • Common Mistakes
      • Writing A Purchase Offer
      • Building A New Home
      • What Is Credit?
  • Services
    • Mortgage Types
      • Progress Draw Mortgage
      • Revenue Property Mortgage
      • Variable Rate Mortgage
      • Fixed Rate Mortgage
    • Financial Services
      • Home Equity Line Of Credit (HELOC)
      • Purchase Plus Improvements Mortgage
    • Mortgage Steps
      • Mortgages For New Canadians
      • Mortgage Pre Approval
  • Contact Us
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Daily Archives: December 22, 2024

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  4. 22

Pre-Qualified vs Pre-Approved: What’s the Difference?

UncategorizedBy ShannonDecember 22, 2024Leave a comment

If you’re starting your journey toward homeownership, you’ve likely come across the terms pre-qualified and pre-approved. While they might sound similar, they serve different purposes in the mortgage process and can make or break your path to buying your dream home. Let’s break it down for you. What is Pre-Qualification? Think of pre-qualification as the…

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