A pre-approval is also stronger when you go to make an offer on a house because it says that we have verified income, assets, and credit. This can make your offer more attractive to sellers since it demonstrates you can actually afford a mortgage. No matter what type of approval or qualification you get, it is not a guarantee you will close on a loan. There are circumstances and situations beyond our control that sometimes disqualify borrowers. Overall, a pre-approval is a very accurate and strong way to make an offer on a home.