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2. 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 ...

3. How to get preapproved for a mortgage - AOL

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

   Prequalification: Prequalifying for a mortgage is a less strenuous application that gives you a rough idea of the amount of financing you might be able to get. However, lenders usually only do a ...

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

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

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5. 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 ...

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

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

   A mortgage prequalification is only a general indication that a lender could approve you for a mortgage if you formally applied. ... A mortgage preapproval is a letter or written statement ...

7. 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 ...