Is a pre-approval from a mortgage broker as good as one from a bank?
We just got a pre-approval from 2 online mortgage brokers. A Realtor we just spoke to had us apply for a mortgage through a bank. She said that the online mortgage broker wouldn’t have even checked our credit score. (One of them took our credit info and only then approved us)
So, if we are approved by the mortgage broker for a loan, is it real? Or is it just them trying to get our business, and then we may still get denied? I’m really nervous about all this.