There is also the fact that "pre-qualified" != "pre-approved". It is quite possi... | Hacker News

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		sosborn on Feb 24, 2015 \| parent \| context \| favorite \| on: Cities with High Salary to Cost of Living Ratios f... There is also the fact that "pre-qualified" != "pre-approved". It is quite possible these days for a loan to be rejected at the last minute.

tsotha on Feb 25, 2015 [–]

This. Closing a real estate deal is like running the hurdles. Cash buyers are starting the race at the midpoint.

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