Many homebuyers have asked, "What the heck is the difference?" Let's quickly break it down.
Getting prequalified for a mortgage loan is a rough estimate of how much you can afford in terms of a loan. It's quick and it gives you a ballpark idea of a price range, but it does not guarantee you a loan or specific loan amount.
On the other hand, getting pre-approved takes your credit, employment, and other important information into account. A preapproval from a mortgage lender is an actual written commitment that says they will finance your loan up to a certain amount.
I've always thought the terms were a little confusing, considering how similar they are. No matter what, if you're looking for a new home, getting prequalified and preapproved is an excellent first step when it comes to looking at properties.
I can help with any other questions that may come up. Send me a message jesse@yourlakefriend.com and I will be happy to help.
Below are the newest local listings to browse.
| Class | Total Number | Price | Beds | Baths | Age |
|---|---|---|---|---|---|
| Residential | 592 | $568,846 | 3.3 | 2.6 | 30.8 |
Click Save Search below for new listings by email when listed.
If you would like to sell your property, it is a great time. Our market is hot.
Click Here to Call Now 573-873-6645
288 Cedar Glen Drive
Camdenton, MO 65020
Cedar Glen Condominium
Residential
MLS# 3553505 / Active
LOADED WITH IMPROVEMENTS! This 3-bedroom 2 bath condo located at the highly sought after Cedar Glen complex offers the complete package. Recent upd...
67 Cedar Heights Lane UNIT 1-C
Camdenton, MO 65020
Cedar Heights Condominium
Residential
MLS# 3553332 / Active
The view from this 2nd tier condo will knock your socks off! Perched high atop overlooking the Big Niangua 13mm this three-bedroom, 2 full bath con...
58 Antler Point
Linn Creek, MO 65052
Deer Path
Residential
MLS# 3553575 / Active
One-Level Living nestled in a quiet subdivision close to everything. Custom home that is completely move-in ready! 4 bedrooms & 3 bathrooms on the ...
19145 Strawberry Fields Drive
Barnett, MO 65011
Residential
MLS# 3553565 / Active
Looking for that slice of paradise?? This could be your homestead, small farm or just the perfect get-away. New 50' x 16' Ozark home by Sunrise Bu...
207 Empty Hill Drive
Sunrise Beach, MO 65079
Thurman Cove
Residential
MLS# 3553561 / Active
This lakeside oasis in a desirable cove offers the perfect blend of tranquility and convenience. It includes a lovely larger cottage, a smaller gue...
616 Black Hawk Drive
Lake Ozark, MO 65049
Blackhawk Estates
Residential
MLS# 3553408 / Active
3 Bedroom, 2 full Bath, Black Hawk Classic! One of the original homes built in the coveted Black Hawk Community Subdivision on Horseshoe Bend. One ...
1228 Timber Ridge Road UNIT #2
Sunrise Beach, MO 65079
Port Velero
Residential
MLS# 3553409 / Active
Incredible views of the 34 mile marker! Lots of space in this 1900 Sqft, furnished townhome with 2 bedrooms, 2.5 baths and a lower-level walk out ...
Lot 3 Hollow Oak Road
Sunrise Beach, MO 65079
Oak Bend
Residential
MLS# 3553542 / Active
Welcome to your dream waterfront home located here at Lake of the Ozarks!! This stunning new construction property features 4 beds & 4.5 baths, per...
