Lender pre-approvals or pre-qualifications are not promises to buy a home for you; they are a determination that you appear to qualify for financing up to a certain amount.. They can fall apart and are conditional on things, such as you keeping your job, your financial situation staying the same, and more. 

Ribbon’s Buying Power is a decision that Ribbon will buy and reserve a home for you. Once we have done our quick, fair valuation on a home, Ribbon is ready to buy a home for you with a Ribbon Offer up to your Buying Power (though Ribbon can’t promise that Buying Power means you’ll qualify for a mortgage during the 180-day repurchase period - that’s between you and your lender).

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