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

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

   Preapproval is a much more comprehensive process than prequalification. Mortgage preapproval is a lender's conditional commitment to offer you a specific loan amount, usually good for 90 days. It ...

3. Does mortgage prequalification affect your credit score? - AOL

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

   What is mortgage prequalification? A mortgage prequalification is an estimate of how much a borrower can be approved for based on their income and their financial obligations. Think of it as the ...

4. First-time homebuyer guide - AOL

   www.aol.com/finance/first-time-homebuyer-guide...

   A prequalification could indicate that you might be approved for a mortgage, but is better used to help you determine how much you might be able to afford. You’ll need a preapproval, not a ...

5. How to get preapproved for a mortgage - AOL

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

   Prequalification: Prequalifying for a mortgage is a less strenuous application that gives you a rough idea of the amount of financing you might be able to get. However, lenders usually only do a ...

6. 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 ...

7. 13 Tips On How To Get Preapproved for a Mortgage - AOL

   www.aol.com/13-tips-preapproved-mortgage...

   They’ll calculate your current income, current debt and what your new mortgage payment amount will be; what this number produces is your debt-to-income ratio,” he explained.