With prequalification, a buyer can:
A)negotiate a price lower than the quoted price on the property.
B)correct any problems on his credit report.
C)get a comprehensive list of all the suitable properties in a locality.
D)bargain for additional time in a property deal.
E)reduce the required down payment.

Question

Quizplus · Accepted Answer

Prequalification allows a buyer to understand their creditworthiness and address any issues on their credit report before applying for a mortgage.

With Prequalification, a Buyer Can