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  2. Mortgage note: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-note-does-211132255...

    A mortgage note is one of many closing documents a borrower signs when closing on a home loan. In simplest terms, it represents the mortgage for a given borrower. In technical terms, a mortgage ...

  3. Common reasons why mortgage applications get denied - AOL

    www.aol.com/finance/why-mortgage-application...

    How long do underwriters take to approve a mortgage? It depends on the lender, the tools they use and how good you were at providing the required information. On average, it takes about 44 days to ...

  4. How to get preapproved for a mortgage - AOL

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

    Mortgage preapproval vs. mortgage final approval. Just as prequalification and preapproval are different, preapproval differs from actual mortgage approval too. ... How long does a preapproval ...

  5. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    During the mortgage loan approval process, a mortgage loan underwriter verifies the financial information that the applicant has provided as to income, employment, credit history and the value of the home being purchased via an appraisal. [4] An appraisal may be ordered. The underwriting process may take a few days to a few weeks.

  6. Understanding the mortgage underwriting process - AOL

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

    Once you clear any conditions and get your mortgage approved, your home purchase is nearly complete. The final step comes on closing day, when the lender gives you the money, and you pay the seller.

  7. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    The mortgage business consists of a few people: the borrower, the lender, and sometimes the mortgage broker. The people that originate the loans are usually the mortgage broker or the lender. Depending if the borrower has credit worthiness, then he/she can be qualified for a loan. The norm qualifying FICO score is not a static number.

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