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2. 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 ...

3. How to get preapproved for a mortgage - AOL

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

   In general, lenders like to see a mortgage payment taking up no more than 28 percent of your gross monthly income and your total debt payments (which include credit cards, car loans and other ...

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

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

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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. Loan origination - Wikipedia

   en.wikipedia.org/wiki/Loan_origination

   The mortgage business consists of a few people: the borrower, the lender, and sometimes the mortgage broker. The people that originate the loans are usually the mortgage broker or the lender. Depending if the borrower has credit worthiness, then he/she can be qualified for a loan. The norm qualifying FICO score is not a static number.

7. Mortgage underwriting - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting

   Mortgage underwriting is the process a lender uses to determine if the risk (especially the risk that the borrower will default [1]) of offering a mortgage loan to a ...

8. 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

9. 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 ...