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

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

   Lenders perform a hard credit inquiry for preapproval, which temporarily dings your credit score by around five points for most people. Borrowers with a very good FICO score of 740 and up tend to ...

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

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

   Request prequalification: Once you have a mortgage lender in mind, you can typically request a prequalification online or by phone. Many lenders offer a simple online application. Many lenders ...

4. How to shop for a mortgage without hurting your credit score

   www.aol.com/finance/shop-mortgage-without...

   A “hard” credit inquiry, in contrast — which happens when you get preapproved or formally apply for a loan — can adversely impact your score. In other words, you can prequalify without ...

5. How to get preapproved for a mortgage - AOL

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

   The lender performs a hard credit inquiry as part of the preapproval process, as well. With this information, the lender can make an informed estimate about how much house you can afford .

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. What’s the Difference Between Being Prequalified and ... - AOL

   www.aol.com/difference-between-being-pre...

   Prequalification Getting prequalified is generally easier and faster than getting preapproved. To prequalify you, lenders will typically ask you for some financial information like your income and ...