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  2. Have a good credit mix: Mortgage lenders want to see you can balance revolving credit lines (credit cards) while also making timely payments on installment accounts (car, student, personal loans).

  3. How to shop for a mortgage without hurting your credit score

    www.aol.com/finance/shop-mortgage-without...

    A conventional loan and VA loan typically require a credit score of at least 620, however, VA loans have no set minimum limit. You can qualify for an FHA loan with a minimum 580 credit score and ...

  4. 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 ...

  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. Best mortgage lenders for bad credit in 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders-bad...

    Here are some of the best bad credit mortgage lenders in 2024. ... Be wary of mortgage products that tout “guaranteed approval” without a credit check, or other offers with too-good-to-be-true ...

  7. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    With guaranteed loans, more borrowers can qualify for mortgages. With that guarantee, a lender might extend looser LTV and DTI ratios, along with lower credit score and income thresholds.

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