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2. Looking to buy your first home? Here's why (and how) to get ...

   www.aol.com/looking-buy-first-home-heres...

   What are your tips for first-time buyers looking to get pre-approved? While a pre-approval will give a good estimate of how much a lender will be willing to loan you, it will often show the ...

3. How to get preapproved for a mortgage - AOL

   www.aol.com/finance/preapproved-mortgage...

   Yes, you can get preapproved for a mortgage as a first-time homebuyer, and it’s a good idea to do so before you start seriously looking for a home. The same guidelines often apply for first-time ...

4. Documents needed for mortgage preapproval - AOL

   www.aol.com/finance/documents-needed-mortgage...

   Whether buying or refinancing a home, getting preapproved is a crucial step in the process of applying for a mortgage. Before you are preapproved, though, the lender will need to review and verify ...

5. Pre-qualification - Wikipedia

   en.wikipedia.org/wiki/Pre-qualification

   In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

6. Mortgage prequalification vs. preapproval: How to time these ...

   www.aol.com/finance/mortgage-prequalification-vs...

   Preapproval: What it is and how it works. Preapproval is a much more comprehensive process than prequalification. Mortgage preapproval is a lender's conditional commitment to offer you a specific ...

7. Real estate transaction - Wikipedia

   en.wikipedia.org/wiki/Real_estate_transaction

   Private showings or general open house for interested buyers or buyers' real estate agents. Interested buyers may get pre-approval for a mortgage of a certain amount from a bank, if they cannot afford the full purchase price in the range they are exploring. Preparation of a written offer to purchase.