Hello this is Beverly Baxter and I am your financial chef here to talk to you real quick today about some information about the mortgage industry and becoming a home owner there to thing is you to know real briefly are you prequalified or are you preapproved those are two different things so been prequalified means that you have given people your information they have verified your identification and all that good stuff being preapproved comes from the bank or the lender so are you preapproved are you prequalified make sure you guys all the difference this is financial literacy mom and we are here to help you if you need information give your girl a call I am Beverly Baxter and I am your financial chef