an analysis of your financial position to determine your borrowing power. Pre approval is a phrase you can take literally. Once your documentation is assembled and a credit report ordered, you will be issued a Letter of Commitment from your lender. A loan commitment is a powerful tool because you have proven your ability to afford a home mortgage. At no cost to you, Veteran Real Estate will pre qualify you right over the phone. Don't worry if you think you don't have enough income or good enough credit to qualify. Just tell us your situation, and we will work with you to get the loan that fits. Visit our Partners link. You'll be glad you did!