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From the COHUD.com Knowledge Center
WHY PRE-QUALIFY?
There is no bigger disappointment than NOT getting your loan approved. Most Foreclosure Sellers require a Buyer to demonstrate the financial ability to complete settlement. USHUD.com has developed the pre-qualifying form after hundreds and hundreds of transactions, trying to provide our Experts and you, our Clients, with the best information possible for our Experts to help you make a smart decision and evaluate your options. Completing the pre-qualifying form gives us the information we need to direct the best information to you, including the best Experts to service you. Every home buying situation is unique; the more information we have the better information we can provide you.
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