Denver Real Estate, Denver Relocation, Denver Homes, Search Colorado Properties & Real Estate Listings for Sale - Anthony Rael, Denver REALTOR®

What is the difference between pre-qualifying and pre-approval?

A pre-qualification is normally issued by a loan officer, who, after interviewing you, determines the dollar value of a loan you can be approved for. However, loan officers do not make the final approval, so a pre-qualification is not a commitment to lend. After the loan officer determines that you pre-qualify, he/she then issues you a pre-qualification letter. This pre-qualification letter is used when you are making an offer on a property. The pre-qualification letter indicates to the seller that you are qualified to purchase the house you are making an offer on.

Pre-approval is a step above pre-qualification. Pre-approval involves verifying your credit, down payment, employment history, etc. Your loan application is submitted to an underwriter and a decision is made regarding your loan application. If your loan is pre-approved, you are then issued a pre-approval certificate. Getting your loan pre-approved allows you to close very quickly when you do find a house. A pre-approval can help you negotiate a better price with the seller, since being pre-approved is very close to having cash in the bank to pay for the house!

If you have any questions, call me at 303.520.3179.

FINANCING OPTIONS
RETURN TO MORTGAGE LOAN CALCULATOR
CHECK CURRENT "AVERAGE" MORTGAGE LOAN RATES
RETURN TO THE HOME BUYERS TOOLBOX
PREFERRED MORTGAGE LENDERS - MORTGAGE CONSULTANTS

* THE BENEFITS OF OWNING A HOME *

Need to pre-qualify for a loan?
Call me at 303.520.3179 or one of my preferred mortgage loan brokers who can help you get pre-qualified for a loan.  There is absolutely no charge or obligation and the entire process will take less than 10 minutes of your time.

Ashley Hickmon, Crestline Mortgage - 303-669-8454

Leverage my life-long knowledge of the Denver Metro area - from homes, condos, lofts or investment properties, new homes builders, schools & local amenities to reliable & trustworthy business partners like mortgage brokers & home contractors to maximize your investment, secure your future and realize the home of your dreams.

For honest, professional real estate advice when buying or selling a home, condo, townhome, or investment property in Longmont or another Denver area community, contact Anthony Rael, Metro Brokers Arvada-Northwest Realtor at 303-520-3179.  I offer buyers & sellers a 100% Performance Guarantee that will exceed your expectations and set a new standard of service excellence.

HOME  ▪  SEARCH COLORADO PROPERTY LISTINGS  ▪  DENVER REAL ESTATE FOR OR SALE  ▪  SEARCH FOR YOUR DREAM HOME  ▪  RELOCATE TO DENVER
FEATURED DENVER REAL ESTATE LISTINGS  ▪  FEATURED DENVER HOMES FOR SALE  ▪  RECENTLY SOLD DENVER PROPERTIES  ▪  MY SERVICE GUARANTEE
9 STEPS TO HOME OWNING A DENVER HOME  ▪  FREE HOME BUYER REPORTS  ▪  NEW DENVER HOME BUILDERS  ▪  NEW DENVER HOME COMMUNITIES
REAL ESTATE & ECONOMIC NEWS  ▪  PRE-QUALIFYING FOR A MORTGAGE LOAN  ▪  CURRENT MORTGAGE RATES  ▪  HOW MUCH CAN YOU AFFORD?
BUYER F.A.Q.'s  ▪  COMMUNITY & SCHOOL RESOURCES  ▪  DENVER HOMEBUYER'S TOOLBOX & RESOURCES  ▪  FREE DENVER REAL ESTATE ADVICE
BUYERS REAL ESTATE TOOLBOX  ▪  SAVE $500 ON YOUR NEW DENVER HOME  ▪  RELOCATE TO COLORADO  ▪  JUST LISTED CONCIERGE SERVICE
DENVER AREA VOLUNTEER OPPORTUNITIES  ▪  GOLDEN TICKET REAL ESTATE SAVINGS CERTIFICATES  ▪  BUYER & SELLER TESTIMONIALS
THINGS TO AVOID WHEN SELLING  ▪  PREFERRED DENVER AREA SERVICE PROVIDERS  ▪  DENVER REAL ESTATE COMMISSION SAVINGS
FREE HOMEBUYER REPORTS  ▪  "HOT-ON DENVER" VIDEO LIBRARY  ▪  COLORADO HOME WARRANTY  ▪  FREE REAL ESTATE ADVICE
FIND OUT HOW MUCH IS YOUR HOME WORTH  ▪  FIND OUT HOW MUCH YOUR NEIGHBOR'S HOUSE SOLD FOR  ▪  SELLER F.A.Q.'s
PRICING YOUR HOME  ▪  THINGS TO AVOID WHEN SELLING  ▪  FREE HOMEOWNER REPORTS  ▪  REAL ESTATE REFERRALS
 DENVER HOME VALUES  ▪  FREE DENVER HOME MARKET ANALYSIS  ▪  PRICING YOUR DENVER AREA HOME FOR SALE
SELLERS REAL ESTATE TOOLBOX  ▪  DECIDING TO SELL  ▪  FREE SELLER REPORTS  ▪  FREE HOME MARKET ANALYSIS
CONTACT DENVER REALTOR ANTHONY RAEL  ▪  AVOIDING  FORECLOSURE  ▪  SITEMAP

Anthony Michael Rael is a Realtor® licensed to practice Real Estate in the state of Colorado.  Anthony is a Denver Real Estate Broker/Owner/Realtor® with Metro Brokers Arvada-Northwest and specializes in Corporate, Individual & Military Relocation to Colorado, First-time Homebuyers, Home Property Values, Residential Home Sales and New Construction throughout the Denver Metropolitan area. Use my website to search for real estate, homes for sale, Colorado, real estate agent, realtors, real estate for sale, realtor, real estate agents, Colorado homes, homes for sale Colorado, real estate listings, Denver real estate, CO real estate, real estate listings, single family homes, condos, town homes, lofts, land, short-sale, foreclosed, bank-owned and investment properties throughout Colorado and Denver area communities including Arvada, Applewood, Brighton, Broomfield, Denver, Golden, Highlands Ranch, Lo-Do, Lakewood, Longmont, Louisville, Northglenn, Thornton, Westminster & Wheat Ridge, Colorado.  Serving Adams County, Denver County and Jefferson County buyer and sellers. © Copyright 2008 - All Rights Reserved. Website content & images contained at anthonyrael.com are property of Denver Realtor Anthony Rael, Metro Brokers Arvada-Northwest.