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2. Documents needed for mortgage preapproval - AOL

   www.aol.com/finance/documents-needed-mortgage...

   When you make an offer on a home, including a preapproval letter from a mortgage lender shows the seller you’re a legitimate buyer with financing. In fact, some sellers demand prospective buyers ...

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

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

   What are your tips for first-time buyers looking to get pre-approved? While a pre-approval will give a good estimate of how much a lender will be willing to loan you, it will often show the ...

4. How to get preapproved for a mortgage - AOL

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

   Yes, you can get preapproved for a mortgage as a first-time homebuyer, and it’s a good idea to do so before you start seriously looking for a home. The same guidelines often apply for first-time ...

5. Mortgage application: What’s included and how to prepare - AOL

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

   Before filling out the mortgage application, it’s smart to collect the necessary documents and information ahead of time, particularly if a mortgage lender is assisting you in person or by phone.

6. 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 ...

7. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

   While some loan programs allow for lower down payments, having a larger down payment can increase your chances of getting preapproved for a mortgage and could result in better loan terms, Nelson said.