Our managing director Michael Whitbeck was invited on the Lykken on Lending podcast with LenderTool Kit’s Brent Elmer to talk about the importance of Verified Approval Letter versus a Pre-Qualification letter.  

These two things may sound the same but they are very different and can have severe consequences to any lender’s reputation in the market.  With fewer buyers on the market getting a bad reputation with local realtors is even more hazardous.

Brent and Mike discuss this topic at 5:20 into the podcast
https://lykkenonlending.com/07-11-2022-hot-topic-digital-transformation-generating-an-upfront-verified-approval/