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  2. 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 ...

  3. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

    Pay off your credit card, pay off your car loan, eliminate some student debt or refinance to a different monthly payment amount, Ebersole said. “The debt-to-income ratio is determined by monthly ...

  4. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

  5. Rocket Mortgage - Wikipedia

    en.wikipedia.org/wiki/Rocket_Mortgage

    In 2014, Quicken Loans was the nation's largest online mortgage lender. [18] In January 2018, they became the nation's largest mortgage lender. [19] On October 15, 2018 Quicken Loans announced that it was expanding into Canada by opening a tech center in downtown Windsor, Ontario. [20] [21] [22]

  6. 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.

  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 ...

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