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 | 586 | $588,463 | 3.5 | 2.7 | 32.0 |
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
442 Regatta Bay Drive
Lake Ozark, MO 65049
Regatta Bay Condominium
Residential
MLS# 3540143 / Active
You will love this furnished lakeside condo located on the Beautiful Lake of the Ozarks.The current owners pride of ownership shows with the recent...
541 Passover Road
Osage Beach, MO 65065
Residential
MLS# 3540132 / Active
Wonderful Lake View Home in the Heart of Osage Beach! This 4 bedroom home with a generous 1,996 sqft open floor plan has room for any family to exp...
423 Hillside Drive
Lake Ozark, MO 65049
Kays Point #1
Residential
MLS# 3538777 / Active
Four Seasons convenience with the privacy of an acre+ lot and seasonal views of Six Mile Cove! 3400 sq ft 5 bedroom, 4 baths with soaring vaulted ...
60 Hidden Drive
Camdenton, MO 65020
Hidden Oaks Estates
Residential
MLS# 3540035 / Active
Don't miss your chance at owning this beautifully updated home in the Camdenton school district. This 4 bed, 3 bath home was taken down to the stu...
31080 Red Arrow Road
Rocky Mount, MO 65072
Residential
MLS# 3540153 / Active
This home is conveniently located on Red Arrow Road with 100' of lake frontage in the back of Kitchen Cove on 2.1 acres so you have a nice lake vie...
615 Owen Point Road
Camdenton, MO 65020
Country Oaks Estates
Residential
MLS# 3540145 / Active
HGTV WOULD APPROVE! This exceptional home has been completely renovated & ready for new owners. The open floorplan will capture your attention as s...
200 Eagle Avenue
Gravois Mills, MO 65037
Indian Rock Estates
Residential
MLS# 3540120 / Active
DOESN'T GET MUCH NICER THEN THIS BEAUTIFUL RANCH home on Indian Rock Golf Course. Located on a manicured Large corner lot. The home features a aw...
401 Dunstan Drive
Eldon, MO 65026
Friedrich Addition
Residential
MLS# 3540141 / Active
A huge package with a small price tag!!! This 4 bedroom, 2 bath home is located in a great part of Eldon that is just outside of the busyness but s...
121 Palmer Drive
Four Seasons, MO 65049
Country Club Estates No. 1
Residential
MLS# 3540073 / Active
Looking for Privacy & Charm? Then take a look at this beautiful home on a double lot in Four Seasons. Located in a very sought after neighborhood i...
397 Shell Bay Circle
Linn Creek, MO 65052
Landsdale
Residential
MLS# 3540108 / Active
We found your super simple serenity spot! Beautiful lake views are included plus this small community has a dock where you can swim and watch the ...