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

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

    Mortgage preapproval is a lender's conditional commitment to offer you a specific loan amount, usually good for 90 days. It involves filling out a full mortgage application, uploading financial ...

  3. 6 Reasons Homebuyers Get Preapproved by Multiple Lenders ...

    www.aol.com/finance/6-reasons-homebuyers-pre...

    When you're buying a home, getting preapproved for a mortgage shows sellers that you're a serious buyer. It also gives you an idea of your potential interest rate and your maximum purchase price. ...

  4. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

    While some loan programs allow for lower down payments, having a larger down payment can increase your chances of getting preapproved for a mortgage and could result in better loan terms, Nelson said.

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

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

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

  6. 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 ...

  7. This reduces the total mortgage costs and makes you a better candidate for approval. Pros and cons of prequalification While getting prequalified for a mortgage can be a helpful step, there are ...

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