Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Pre-Qualification

FTC

Updated 10-31-2026

Pre-Qualification

A preliminary assess-ment by a lender of the amount it will lend to a potential home buyer. The pro-cess of determining how much money a prospective home buyer may be eligible to borrow before he or she applies for a loan.

FTC Real Estate Terms

FTC · p. 14

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