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

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

   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 offers on homes. 💡 ...

3. How to get preapproved for a mortgage - AOL

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

   Mortgage preapproval vs. mortgage final approval. ... Benefits of a getting preapproved for a home loan. No matter if it’s a buyer’s market or a seller’s market, getting preapproved is ...

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

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

   While some loan programs allow for lower down payments, having a larger down payment can increase your chances of getting preapproved for a mortgage and could result in better loan terms, Nelson said.

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

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

   While getting pre-approved does not guarantee you a loan offer — a home appraisal is usually required before a lender will finalize a mortgage's terms — it gives you a better understanding of ...

6. 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.

7. Loan origination - Wikipedia

   en.wikipedia.org/wiki/Loan_origination

   The application should pre-fill demographic data if the applicant is an existing client and has logged in. Make it easy, quick, and friendly for the applicant (so they actually complete the application and don't abandon) Get a current credit report; Prequalify (auto-decision) the application and return a quick response to the applicant.