Is a prequalification the same as a preapproval?
They may involve different levels of review depending on the lender. Ask what documents were verified and what conditions remain before relying on the amount.
Financing resource
Compare the full cost of financing—not just the rate
A useful financing comparison includes the rate, loan term, lender fees, mortgage insurance, taxes, homeowners and flood insurance, prepaid items and required cash to close. Some property types or conditions can also affect loan eligibility, so involve a licensed lender early.
What Jennifer helps you evaluate
A clear plan from the first conversation
Preapproval and documentationRate, fees and loan-term comparisonInsurance, taxes and cash-to-close planningProperty-condition and loan eligibility questions
Local questions, clear answers
Good decisions start with better information.
Can Jennifer recommend a loan product?
Jennifer can help you identify questions and connect you with licensed lenders, but the lender should explain loan eligibility, costs and product terms.