Energy Engineer I. Expertise in energy use analysis and energy auditing; 2 years related experience in consulting engineering, energy services, and/or utility energy efficiency... 10 days ago-save job-email-more...
What is a pre-qualification? A pre-qualification is an estimate of how much you can afford in a mortgage payment. It is based upon the information you provide, and is subject to the approval process, including further details such as a credit report, appraisal, and income verification.
You would supply the lender with data such as your income, assets and debts and the lender would give you an idea of how much you can borrow, what type of mortgage options there are, etc. A lot of people make the mistake of thinking that pre-qualified means pre-approved, but this is not the case.hat It Involves. Getting pre-approved is a somewhat lengthy process. But at the end of it all youâll know whether you can buy a home or not. The process starts before you even find a home. First, youâll need to go to a lender and complete a mortgage application and provide documents related to your financial history.