A mortgage pre-qualification is a loan originator's opinion of the mortgage amount for which you qualify. This is typically done without any income or asset verification or credit check. A pre-approval goes a step further and provides you with a certificate and a letter stating that a mortgage underwriter has reviewed your income, asset documents and credit report. The pre-approval certificate is often helpful when you negotiate for your home purchase. Progressions offers both a pre-qualification and a pre-approval to members free of charge.

For more information on our mortgages select the Mortgages link below or Contact Us about getting a pre-qualification or pre-approval.