Episode 41 - 1st Step to Buy a Home, Get Pre-approved Not Pre-qualified. - a podcast by Ady Simion

The first step in buying a new home is to go to a Bank or a Loan Broker to get a Pre-approval letter NOT a Pre-qualification letter. 

The pre-approval letter you will get after they verify your paperwork will tell you exactly how much you can buy based on your income, expenses and credit. 

A Pre-qualification letter is only a guess based on what you said without verification.

Thanks for listening and you can contact us for more questions, comments or suggestions about this or other Real Estate matters.

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