Mortgage Pre-Qualification vs. Pre-Approval - Understanding the Difference
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bankofamerica.com
Mortgage Pre-Qualification vs. Pre-Approval - Understanding the Difference
Taking the first step toward buying your dream home? Learn what it means to get pre-approved vs. getting pre-qualified for a mortgage so you can determine the option that works best for you.
Jun 3, 2019
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Pre-approval Benefits
No CIBIL Required for Pre-Approval | Start Your Loan Process Now ● Minimum Documentation Required ● 100% Online Process ● Flexible Loan Tenure: Up to 72 Months ● Lowest Interest Rate ● Processing Fees and Insurance will depend on the customer’s profile and NBFC’s Criteria ________________________ Eligibility Criteria: For Salaried Professionals: ● Age: 21 Years ● Monthly Salary: At least Rs.15,000 – deposited in bank ● Job Stability: Minimum 1 Year For Self-Employed Individuals: ● Age: 21 Years
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No CIBIL Required for Pre-Approval | Start Your Loan Process Now ● Minimum Documentation Required ● 100% Online Process ● Flexible Loan Tenure: Up to 72 Months ● Lowest Interest Rate ● Processing Fees and Insurance will depend on the customer’s profile and NBFC’s Criteria ________________________ Eligibility Criteria: For Salaried Professionals: ● Age: 21 Years ● Monthly Salary: At least Rs.15,000 – deposited in bank ● Job Stability: Minimum 1 Year For Self-Employed Individuals: ● Age: 21 Years
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