3 Advantages of a Pre-Approval.By Scott WestlakeJuly 11, 20220 comments#preapproval #prequalification #buyingahome #purchasingrealestate While getting pre-qualified can give you a ballpark estimate on what you can afford, getting pre-approved is where the real magic happens. Mortgage pre-approval means that a lender has stated (in writing) that you do qualify for a mortgage and what amount, based on submitted ...Read more...