Please Explain Preapproval as if I'm Five

[Joey Gorombey]

Hi all,

Could someone please explain to me what pre-approval really is? I have a pre-approval notice, and I'm not sure what the legalities of sending it out to agents or exposing it are. Is it designed to be shown to agents? What good is it to them? Googling, too, in the interim, but these forums have been helpful for noob questions. Thanks in advance!