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  2. 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

  3. How to get preapproved for a mortgage - AOL

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

    2. Gather personal and financial documents. You’ll need to supply documentation for a mortgage preapproval, which includes information about your income, assets and debts. These documents ...

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

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

    Before you start the process of getting preapproved for a mortgage, it’s important to know your credit score, according to Ryan Nelson, founder and CEO of RentalRealEstate. “This will give you ...

  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. 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 ...

  7. 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.

  8. Complete Checklist of Documents Needed for a Mortgage - AOL

    www.aol.com/news/complete-checklist-documents...

    In an increasingly paperless world, getting a mortgage involves more paperwork -- even if some documents are actually electronic -- than ever before. About a decade ago, many lenders didn't do as ...

  9. Understanding the mortgage underwriting process - AOL

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

    The mortgage underwriter will either approve or deny your application once all the reports and paperwork are in. 44. The number of days the average new-purchase mortgage takes to close, as of ...

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