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2. 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.

3. Prequalified vs. preapproved: What’s the difference? - AOL

   www.aol.com/finance/prequalified-vs-preapproved...

   The main difference between prequalified and preapproved: Preapprovals hold more weight when trying to buy a home. Prequalifying involves providing some basic financial info to get a general idea ...

4. Loan origination - Wikipedia

   en.wikipedia.org/wiki/Loan_origination

   Loan origination. Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

5. Mortgage broker - Wikipedia

   en.wikipedia.org/wiki/Mortgage_broker

   The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.

6. What is conditional approval in a mortgage application? - AOL

   www.aol.com/finance/conditional-approval...

   A normal part of the mortgage application process, conditional approval means the lender will give you a home loan, provided you address certain additional criteria. Common conditions to change ...

7. How long do you have to wait for SBA loan approval? - AOL

   www.aol.com/finance/long-wait-sba-loan-approval...

   Loan type. Description. Average funding timeline. SBA 7(a) loan. 7(a) loan subtypes are backed directly by the SBA. The SBA’s turnaround time is 2 to 10 business days, but approval from your ...