What’s the Difference Between
Pre-qualification and Pre-approval?

Although pre-qualification and pre-approval are sometimes used interchangeably, it’s important to know the difference and when you’ll need them during your home buying journey.


Before you begin your house hunt, it’s important to get pre-qualified. It quickly helps you (and your agent) determine your budget so you can shop for the home of your dreams with confidence. A pre-qualification entails:

  • A preliminary review of your financial information
  • No documentation needed
  • Quickly identifies what you can afford

In just a couple of minutes we can provide you with your pre-qualification. Let the shopping begin!


Once you have found your dream home, get a pre-approval. This shows that you are serious about submitting an offer and ready to move on to the loan application process. Obtaining a  pre-approval includes:

  • A thorough review of your finances
  • Submitting full documentation (such as employment history, credit information, bank statements and tax returns)
  • An approval of a specific loan amount

Once all the information is submitted, we will provide your pre-approval within 24 hours on the next business day.

Give us a call and a Home Loan Expert will guide you through your purchase options. We work at your pace – and deliver loans at the speed of you!

Be a part of AmeriHome Rewards

With our AmeriHome Rewards program, when you finance a loan with us ONCE, you’ll save $1,095 on ALL future refinances or home purchases. See details.

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© AmeriHome Mortgage Company, LLC, Branch Office located at 17885 Von Karman Avenue, Suite 100, Irvine, CA 92614. NMLS #135776; AZ d/b/a AmeriHome Funding, LLC #0917700; California Licensed by the Department of Financial Protection and Innovation, under the California Residential Mortgage Lending Act #4131116; Georgia Residential Mortgage #30855; Licensed by the N.J. Department of Banking and Insurance; PA #59125; Rhode Island Licensed Lender. For licensing information, go to: www.nmlsconsumeraccess.org. Equal Housing Lender.