Energy Engineer I. Expertise in energy use analysis and energy auditing; 2 years related experience in consulting engineering, energy services, and/or utility energy efficiency... 10 days ago-save job-email-more...
What is a pre-qualification? A pre-qualification is an estimate of how much you can afford in a mortgage payment. It is based upon the information you provide, and is subject to the approval process, including further details such as a credit report, appraisal, and income verification.
Pre-qualification serves two primary purposes: 1  It demonstrates to both you (and to sellers) how much house you can afford. 2  It gives you the purchasing power to make a legitimate offer. (In fact, many financial institutions will not accept an offer on a house without a pre-qualification letter.)