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 | 486 | $568,732 | 3.3 | 2.5 | 33.5 |
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
13437 Graystone Road
Versailles, MO 65084
Residential
MLS# 3545486 / Active
BEAUTIFUL 12 ACRE FARM. BEAUTIFULLY LANDSCAPPED AND WELL MAINTAINED, CUSTOM BUILT 3 BEDROOOMS 2 AND 1/2 BATH HOME WITH A 2 CAR ATTACHED GARAGE. CEN...
30921 Orchard Drive
Lebanon, MO 65536
Residential
MLS# 3545484 / Active
Looking for peaceful, quiet on 1.5 acres? This is the one! Built in 2019 and has been immaculately kept, it stillshows like brand new. Featuring 3 ...
31 Sunset Drive
Camdenton, MO 65020
Niangua Hill
Residential
MLS# 3545485 / Active
Attractive brick and frame residence with full walk-out basement ready to finish your way! All living pleasures on the entry level with towering va...
105 den Cove UNIT 1C
Lake Ozark, MO 65049
Bears Condominium
Residential
MLS# 3544409 / Active
Low assessment fees, convenient location on land and water, updated, furnished and ready to move into. If you are looking for these things in a ...
611 Lazy Days Road UNIT U-6
Osage Beach, MO 65065
Lazy Days
Residential
MLS# 3544388 / Active
Popular Lazy Days Condos 2 bedroom, 2 bath recently updated in 2019. This generous open floor plan is sure to please. Newer stainless steel appli...
216 Porter Mill Bend
Camdenton, MO 65020
Porter Mill Bend Est.
Residential
MLS# 3544387 / Active
It's the gentle lot in the quiet neighborhood with the lovely view you are looking for. Wonderful lakefront home in a subdivision of well-kept home...
86 Palisades Lakeview Drive UNIT 2B
Lake Ozark, MO 65049
Palisades Condominium
Residential
MLS# 3545473 / Active
If its views, boating and proximity to fun that you're looking for, this is it! This lakeview condo at the beautiful Palisades Condominiums is supe...
112 Tara Road UNIT 1A
Lake Ozark, MO 65049
Tara Condominium
Residential
MLS# 3544382 / Active
Looking for the perfect lakefront condo? This beautiful condo at the 3 mile marker boasts an AMAZING panoramic view!! This unit has been updated wi...
67 Tall Timber
Roach, MO 65787
Tall Timber
Residential
MLS# 3544422 / Active
CAPTIVATING VIEW OF LAKE OF THE OZARK FROM THIS POINT LOT! 181' of grassy lakefront gives this .97 acre lot a park-like setting. Large 5 bedroom/4 ...