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 | 638 | $561,359 | 3.3 | 2.5 | 33.4 |
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
425 Ledgestone Estates
Sunrise Beach, MO 65079
Ledge Stone Estates
Residential
MLS# 3549011 / Active
Elegant custom home offers STUNNING views of the cove all the way out to the main channel. The lawn is meticulously manicured with beautiful shrubs...
1886 Bittersweet Road
Lake Ozark, MO 65049
Horseshoe Bend # 6
Residential
MLS# 3548865 / Active
Deal of the Day! Adorable 2-bedroom 2 bath rustic log cabin surrounded by woods off of Horseshoe Bend in Lake Ozark MO! Short term Rentals allowed!...
258 Windsor Bay Drive UNIT 4A
Camdenton, MO 65020
Windsor Bay Condominium
Residential
MLS# 3548974 / Active
You have arrived in Paradise when you walk in this relaxing and cheerful TOP FLOOR, END unit at Windsor Bay! Take in the BIG CHANNEL VIEWS in the s...
37 Mitchell Road
Lake Ozark, MO 65049
Coleman
Residential
MLS# 3548998 / Active
This Lakefront Home has been Remodeled to Perfection on the 9MM of the Main Channel, Lake of the Ozarks! Lovely three bedroom, two full bathroom ho...
6620 Weston Point Drive UNIT B6
Osage Beach, MO 65065
Weston Point Resort Condo
Residential
7692 Eagle Bay
Gravois Mills, MO 65037
Eagle Bay
Residential
MLS# 3548994 / Active
Your private oasis, with stunning views is waiting for you at the 55 mm in beautiful Eagle Bay Subdivision! This home is above and beyond on featu...
6620 Weston Point
Osage Beach, MO 65065
Weston Point Resort Condo
Residential
MLS# 3548871 / Active
Heart of Osage Beach, cute one bedroom, one bath unit located at Weston Point Condo's. They are near shopping, restaurants and the newest hottest ...
Lot 61 Light Foot
Rocky Mount, MO 65072
Indian Creek Hills
Residential
MLS# 3549004 / Active
Looking for a place to get away, enjoy the wildlife and outdoors! Owning a lot in Indian Creek Hills gives you access to a private lake and Over 40...
45 Costa Del Sol
Lake Ozark, MO 65049
Four Seasons Racqt-cntry Club
Residential
MLS# 3548834 / Active
Welcome to 45 Costa Del Sol Dr #223 at the beautiful Lake of the Ozarks! This beautiful end unit condo has just been completely remodeled and is re...