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  2. SBA loan denied: What to do next - AOL

    www.aol.com/finance/sba-loan-denied-next...

    According to the SBA weekly summary report, fewer than 60,000 businesses were approved for 7(a) loans in 2023 — and only around 6,000 SBA loans were approved for 504 loans, highlighting how the ...

  3. Here's What Happens to Your Credit Score if You Get Pre ... - AOL

    www.aol.com/heres-happens-credit-score-pre...

    Here's What Happens to Your Credit Score if You Get Pre-Approved by 10 Mortgage Lenders ... Many people have the common misconception that applying for loans with a bunch of different lenders will ...

  4. Survey: Almost half of loan applicants have been denied over ...

    www.aol.com/finance/survey-almost-half-loan...

    Nearly half of Americans (45 percent) said they have applied for a loan or financial product in the past 12 months since December 2023, according to Bankrate’s annual Credit Denials Survey.

  5. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Prequalify (auto-decision) the application and return a quick response to the applicant. Typically this would be approved subject to stipulations, referred to the financial institution, declined (many financial institutions (FIs) shy away from this preferring to refer any application that can't be automatically pre-approved.)

  6. How to get preapproved for a mortgage - AOL

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

    Preapproval: Preapproval doesn’t guarantee you a loan; it’s just one step toward approval. The lender gives your finances a brief overview and, based on that, agrees in principle to loan you ...

  7. 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.

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