Prequalification Definition

Prequalification Sentence Examples

• Prequalification can also be done from this website.

• Obtain a prequalification through a lender.

• Don't confuse pre-approval with pre-qualification; a prequalification is only based on a cursory review of your finances.

• Prospective applicants can apply for prequalification over the phone or by using the website.

• The prequalification worksheet is merely meant to be used as a tool to help you determine your eligibility so that you can decide if you wish to continue with the process.