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Virginia Prequalification  Form

Virginia Prequalification Form

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Video instructions and help with filling out and completing Virginia Prequalification Form

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Instructions and help about virginia c 32

[Music] so one common question that I get a lot from my clients is what's the difference between a pre-approval and a pre-qualification and which one do I really need so today we have Harmony here and she is gonna give us the answer to that question thanks Holly well um a pre-qualification is really just a very preliminary assessment of your financials so typically with a pre-qualification we're not going to verify income we're not going to verify assets we're not even going to really verify credit so it's a very early stage that is completely based on what the buyer provides to us so a pre-approval we verify income assets we look at the credit report and we come up with a strategic plan to help you be able to close on your home so I always recommend getting a full loan preapproval just because that's going to put you in the best position as a buyer and it's going to eliminate any surprises that could come up down the road another

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