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  2. 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 ...

  3. Pre-approval - Wikipedia

    en.wikipedia.org/wiki/Pre-approval

    In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

  4. Prequalified vs. preapproved: What’s the difference? - AOL

    www.aol.com/finance/prequalified-vs-preapproved...

    Key takeaways. Prequalification is a simple, quick process that provides a general indication whether you would qualify for a mortgage. Preapproval requires providing extensive documentation ...

  5. CarMax - Wikipedia

    en.wikipedia.org/wiki/CarMax

    While CarMax is seen as the nation's largest used-car retailer, it has competition. With a significant shift in customer shopping habits, more online-only companies have worked to capture Carmax's share in the used vehicle market. CarMax unveiled an Omni-channel platform to allow customers to buy a car online, in-store, or any combination of these.

  6. What's the Difference Between a Mortgage Pre-Approval ... - AOL

    www.aol.com/news/whats-difference-between...

    For premium support please call: 800-290-4726 more ways to reach us

  7. Carvana vs. CarMax: Who’s Better for Buying and Selling Used ...

    www.aol.com/finance/carvana-vs-carmax-better...

    Currently, CarMax has 229 locations across the U.S. where you can find your next dream car, irrespective of the model, make or year you have in mind. Trading or selling your car through CarMax is ...

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