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    Come Say Hello

    301 Oxford Valley Rd #1302
    Yardley, PA 19067

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    We Are Open

    Mon - Fri, 9am - 7pm

    Sat, 10am - 1pm

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    Need To Talk To Us

    Phone: (215) 710-0738

    Email: robert@shermanteam.com

Difference between Pre-Approved and Pre-Qualified

When a homebuyer is pre-qualified, he or she has provided the lender with the basic information to determine which loan program the homebuyer may qualify for. Whereas, when a homebuyer is pre-approved, the lender has collected, verified and presented the information needed for underwriting and approval.