ATR and Pre-Qualifications Home » Topics » Compliance Masters Group (Members Only) » ATR and Pre-Qualifications This topic has 1 reply, 2 voices, and was last updated 10 years, 10 months ago by rcooper. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts January 17, 2014 at 10:09 am EST #4986 jemeryMember I am trying to find out if the new ATR rules affect pre-qualifications and if so how. Can a pre-qualification still be done without meeting all of the ATR requirements or is that not acceptable? February 10, 2014 at 11:38 am EST #5346 rcooperMember IMO, pre-qualifications won’t change much. They are not a guarantee of a loan, rather an preliminary indication of what someone might qualify for if they meet the underwriting criteria. Just to be sure we are talking about the same thing, check out this info pertaining to pre-qual vs pre-approvals on the CFPBs website: https://www.consumerfinance.gov/askcfpb/127/whats-the-difference-between-being-prequalified-and-preapproved-for-a-mortgage.html Author Posts Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In