I got prequalified with chase , and I said I wanted to move forward and get preapproval. So he got my documents (w2s, tax returns , etc ) and said , no red flags , I can write your pre qualification up to x amount for 90 days. I don’t know why he’s still not preapproving me, but this is who the realtor recommended . I am preapproved through another lender that I don’t want to use. (First realtor that I didn’t end up using uses them, and he was extremely hassling when I said I was going a different route so it’s just too weird )
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source https://www.reddit.com/r/RealEstate/comments/hhqg71/question_on_prequalified_vs_preapproval/
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