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

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

   A mortgage prequalification lets potential homebuyers know how big of a loan they can qualify for. ... Soft credit inquiry vs. hard credit inquiry ... prequalification letter in hand. There’s no ...

3. 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 ...

4. How to get preapproved for a mortgage - AOL

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

   You can receive a prequalification letter, but it doesn’t cut much ice with sellers. Preapproval: Preapprovals require more research: The lender checks you out and verifies your basic financials.

5. 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 ...

6. 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 ...

7. 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 ...