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2. How to get preapproved for a mortgage - AOL

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

   A mortgage preapproval is a statement of how much money a lender is willing to let you borrow to pay for a home. ... along with the preapproval expiration date. You’ll also see the loan type and ...

3. Documents needed for mortgage preapproval - AOL

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

   Being prepared with the documents needed for mortgage preapproval will help make the process go more smoothly and quickly. Documents for mortgage preapproval Pay stubs from at least the past 30 days

4. Mortgage prequalification vs. preapproval: How to time these ...

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

   Get a preapproval letter. If approved, you’ll receive a preapproval letter that states the loan amount you qualify for. This letter is typically valid for about 90 days and can be used to make ...

5. How long does it take to buy a house? - AOL

   www.aol.com/finance/long-does-buy-house...

   A mortgage lender will typically ask for information about your assets, income and credit history to assess how much they’re likely to loan you. Your preapproval letter will serve as evidence to ...

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

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

   If you don't know, a pre-approval is a document from a mortgage lender that states they are tentatively willing to lend you a certain amount of money based on a variety of factors.

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

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

   With many mortgage lenders, you can apply for a mortgage online and complete the process in 45 minutes or less — if you have all of your information ready beforehand. That’s a big if, of course.

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

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

   Initial mortgage approval, often known as preapproval, is an early stage where the lender provides an estimate of what you may qualify for, based on a preliminary review of your income and credit ...