Get Pre-Approved for a Home Loan! Pre-approval, as opposed to pre-qualification, signifies that the loan application has been taken through a rigorous procedure. Here's why pre-approved buyers are ahead in the home buying game: Pre-approval saves time since you will know exactly how much you can spend on a home. A pre-approval letter from a lender gives you an edge when multiple offers have been made on a house. Pre-approved buyers can generally close escrow more quickly, since most of the work has already been done. Contact me for an easy app to start the process!  …