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

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

   A mortgage preapproval is a letter or written statement specifying your maximum loan amount and the lender’s commitment to fund the loan if your financial situation remains unchanged.

3. Documents needed for mortgage preapproval - AOL

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

   Down payment gift letter, if applicable Information on other real estate if you have multiple properties Loan statements from the past 60 days – auto loans, credit cards, personal loans, student ...

4. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

   “During the application process, they will ask you to submit your previous tax records, W2s or 1099s, pay stubs from [your] current employer, debt payments [and] how much cash you have in a bank ...

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. 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. Tenant screening - Wikipedia

   en.wikipedia.org/wiki/Tenant_screening

   The tenant screening process typically begins when the prospective tenant (each adult applicant) completes a rental application and pays an application fee and perhaps a holding deposit. Rental applications are designed to collect personally identifying information (name, social security number, date of birth, etc.), address, employment ...