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  2. What is a preferred lender? Should I take my Realtor’s ...

    www.aol.com/finance/preferred-lender-realtor...

    Once you are ready to buy, you do not need to stick with the same lender that pre-approved you. Common questions about lender recommendations. That said, just because you get a recommendation does ...

  3. How to get preapproved for a mortgage - AOL

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

    Final approval: The lender completely authorizes your application to borrow funds to buy a particular property. It thoroughly reviews your finances and pending purchase, including verifying ...

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

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

    Preapproval: What it is and how it works. Preapproval is a much more comprehensive process than prequalification. Mortgage preapproval is a lender's conditional commitment to offer you a specific ...

  5. Mortgage prequalification vs. preapproval: Which is best? - AOL

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

    Lenders may differ in how they use the terms, but a mortgage preapproval is generally the more thorough and helpful in determining how large of a mortgage you can get.

  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. Looking to buy your first home? Here's why (and how) to get ...

    www.aol.com/looking-buy-first-home-heres...

    This is why getting pre-approved for a mortgage is important. As a first-time buyer, it can be hard to know how much home you can afford. This is why getting pre-approved for a mortgage is important.

  8. 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 ...

  9. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

    Preapproval is an important step that helps provide assurance to everyone, from the lender and the seller to you, as you have a solid idea of how much you’ll be paying on the mortgage each month ...

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