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Credit Check Differences Explained | BestMO Mortgage Guide News

How do credit checks differ? BestMO explains the differences between mortgage pre-approval and pre-qualification in Canada. Best Mortgage Online clarifies that pre-qualification may perform a soft credit check with no impact on your credit score. Pre-approvals perform hard credit checks that can cause small, temporary drops but allow a thorough review of your credit report details. Understand the implications before applying.

https://bestmo.ca/pre-approval....-vs-pre-qualificatio

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Mortgage Pre-Approval Vs Pre-Qualification In Canada
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Mortgage Pre-Approval Vs Pre-Qualification In Canada

Need clarity on pre-approval vs pre-qualification when buying a home in Canada? This definitive guide outlines everything you need to know.