Prequalification vs. Preapproval: What First-Time Home Buyers Need to Know

Prequalification vs. Preapproval: What First-Time Home Buyers Need to KnowBuying your first home can feel a bit like learning a new language. Terms like "prequalification" and "preapproval" get thrown around a lot, and it’s easy to wonder: what’s the difference, and why do they matter? Let’s break