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2. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

   “Start saving early and aim to have at least 20% of the home’s purchase price for a down payment.” Additionally, having 20% down will typically prevent the need to take out private mortgage ...

3. How to get preapproved for a mortgage - AOL

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

   It also shows sellers that you’re serious about buying a home. While the U.S. housing sales began to slow in 2024, it still remains a seller’s market, with prices high and inventory low.

4. 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.

5. 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.

6. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   Discount points, also called mortgage points or simply points, are a form of pre-paid interest available in the United States when arranging a mortgage. One point equals one percent of the loan amount. By charging a borrower points, a lender effectively increases the yield on the loan above the amount of the stated interest rate. Borrowers can ...

7. Instant buyer - Wikipedia

   en.wikipedia.org/wiki/Instant_Buyer

   The term ‘instant’ refers to the fact that this type of business aims to provide a faster cash offer on a property than traditional real estate brokers. Valuation of the property takes place online and is an instantaneous or near-instantaneous process which makes use of machine learning and AI technologies.