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

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

    Preapproval is a much more comprehensive process than prequalification. Mortgage preapproval is a lender's conditional commitment to offer you a specific loan amount, usually good for 90 days ...

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

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

    Here’s a side-by-side comparison of mortgage prequalification vs. preapproval. Prequalification. No formal application required, but might require soft credit check.

  4. What’s the Difference Between Being Prequalified and ... - AOL

    www.aol.com/difference-between-being-pre...

    Prequalification Getting prequalified is generally easier and faster than getting preapproved. To prequalify you, lenders will typically ask you for some financial information like your income and ...

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

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

    Lenders may differ in how they use the terms, but a mortgage preapproval is generally the more thorough and helpful in determining how large of a mortgage you can get.

  8. How to get preapproved for a mortgage - AOL

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

    Just as prequalification and preapproval are different, preapproval differs from actual mortgage approval too. Preapproval: Preapproval doesn’t guarantee you a loan; it’s just one step toward ...

  9. How to See If You're Prequalified for a Credit Card - AOL

    www.aol.com/finance/see-youre-prequalified...

    Prequalification vs. Preapproval. ... a broad idea of the type of credit card or loan you might qualify for. Preapproval is further down the line and is an assurance from a lender that you can ...

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