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Why Get a Mortgage Pre-Approval?

Mortgage Loan Preapproval

Don’t mistake a Mortgage Pre-Qualification for a Mortgage Pre-Approval*

West Palm Beach, FL – There’s a big difference between being Pre-Approved for a home mortgage and Pre-Qualified. Homebuyers who get pre-approved have submitted documentation and their application has been put through a rigorous process. Pre-qualification is only a preliminary assessment of a borrower’s ability to qualify and requires more time, documentation, and examination to confirm eligibility.

Home buyers who choose pre-approval and pre-qualification will have different experiences with the home buying experience.

Pre-Qualification

  • Snapshot or quick review of your income and assets
  • Provides an estimate of how much house you might afford
  • Doesn’t guarantee you have a loan or even settled on a lender

Pre-Approval

  • Detailed view of your creditworthiness verified by a full review of your income and assets
  • Performed by an Ideal Lending Solutions Mortgage Underwriter
  • All that’s left for final approval is an appraisal, title search, and no change in your financial condition prior to closing

With a pre-approval letter from Ideal Lending Solutions in hand, you have the confidence you need to make an offer!

  • Know what you can really afford
  • Negotiate better
  • Show the seller you’re serious
  • Close faster

Let’s talk about your options. We can put time on your side and help you get prepared to have the best possible experience – whenever you’re ready to buy a home. Get pre-approved today!

*A pre-approval does not constitute a loan commitment or guarantee of a loan. Pre-approval is subject to a satisfactory appraisal, satisfactory title search, and no meaningful change to borrower’s financial condition.


Ideal Lending Solutions is your premier home mortgage lender in Florida. At Ideal Lending Solutions you will work one-on-one with a dedicated mortgage professional who can explain loan programs and offer great mortgage rates to meet your financial goals.

Get approved to buy a home.

Buying a new home or refinancing your current loan? Fill out this form and get started today!

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