Mortgage Prequalification vs Preapproval During the Home Loan Process











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As you’re looking to buy that perfect home, you might want to consider getting prequalified or preapproved for a mortgage. Before you apply for a home loan, understand the benefits and how they can help you figure out how much you can borrow. • 00:00 How to get prequalified for a mortgage • 00:28 What’s mortgage preapproval • 00:45 How mortgage preapproval works • To learn more about the difference between prequalification and preapproval visit: https://www.bankofamerica.com/mortgag...

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