{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.getloans.com\/blog\/pre-qualification-letter-fake-out\/#BlogPosting","mainEntityOfPage":"https:\/\/www.getloans.com\/blog\/pre-qualification-letter-fake-out\/","headline":"The Pre-Qualification Letter Fake Out","name":"The Pre-Qualification Letter Fake Out","description":"  I had a client I was working with recently who had a realtor I didn’t know. This realtor wanted me to write a pre-qualification letter for an offer they wanted to make on a house. They wanted me to write up a pre-qualification letter for a mortgage amount I did not think the buyer […]","datePublished":"2014-06-12","dateModified":"2023-11-15","author":{"@type":"Person","@id":"https:\/\/www.getloans.com\/blog\/author\/brianm\/#Person","name":"brianm","url":"https:\/\/www.getloans.com\/blog\/author\/brianm\/","identifier":2,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/b03dd1a5c12d48f4023463adfa5dbd6d38ebf6f4d842bd8f8d55ec71cb0ca275?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b03dd1a5c12d48f4023463adfa5dbd6d38ebf6f4d842bd8f8d55ec71cb0ca275?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Person","name":"Brian Martucci","image":{"@type":"ImageObject","@id":"https:\/\/www.getloans.com\/wp-content\/uploads\/2026\/06\/brianmartucci-getloans-logo2017.webp","url":"https:\/\/www.getloans.com\/wp-content\/uploads\/2026\/06\/brianmartucci-getloans-logo2017.webp","width":400,"height":70}},"image":{"@type":"ImageObject","@id":"https:\/\/www.getloans.com\/wp-content\/uploads\/2014\/06\/cookies-with-wrong-numbers.jpg","url":"https:\/\/www.getloans.com\/wp-content\/uploads\/2014\/06\/cookies-with-wrong-numbers.jpg","height":1229,"width":1920},"url":"https:\/\/www.getloans.com\/blog\/pre-qualification-letter-fake-out\/","about":["Loan Process","Realtors"],"wordCount":410,"keywords":["pre-qualification","realtor","realtors"],"articleBody":" I had a client I was working with recently who had a realtor I didn’t know. This realtor wanted me to write a pre-qualification letter for an offer they wanted to make on a house. They wanted me to write up a pre-qualification letter for a mortgage amount I did not think the buyer could qualify for. The realtor just wanted to get the property under contract and tie it up to see if we could work it out somehow after the fact. They just wanted to\u00a0take a shot at getting the realtor commission. Think this is a rare event?I bet it happens way more than we know.Do Lenders Even Know How To Pre-Approve Buyers?The realtor\u2019s exact words were, \u201cIf we are going to have a 21 day financing contingency does it really matter if the letter is valid?\u201d Yes, it does. First, if I want to keep my reputation intact, yes it does matter. Second, to be fair to the seller, yes it does matter. Third, to meet any level of professional integrity, yes it does matter. I could go on.Words that cause me to cringeWords that cause me to cringe are, \u201cIt\u2019s just a pre-qualification letter. Can\u2019t we get one in a few minutes. What\u2019s the big deal?\u201d It is bad enough when a buyer has a casual attitude about getting pre-qualified. But when the realtor supports this, the mortgage transaction just becomes problematic and a nightmare for all.Get Pre-Approved As Early As Possible!As the buyers\u2019 agent, realtors want me to write an ill supported pre-qualification letter to try and piece a deal together. But when they are the listing agent representing the seller, the very same realtor will scream bloody murder when the financing falls through. This very same realtor would call me screaming at the top of their lungs. They would lecture me for issuing a pre-qualification letter that turned out to not be accurate.Why Even Get Pre-Approved? I Know What I Can Afford!ConclusionRealtors and sellers need to be aware that sometimes the pre-qualification letter that they have was issued under duress. They really need to ask the lender some hard questions, and not just glance through the pre-qualification letter and assume it is accurate.To contact me to discuss your qualifications, mortgage rates, or other mortgage questions, click here to schedule a call\u00a0or you can\u00a0email me\u00a0directly."}