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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. Mortgage application: What’s included and how to prepare - AOL

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

   Here are questions to expect on a mortgage application. What is included in a mortgage application? The mortgage application is an individual’s formal request for funds to purchase a specific ...

4. How to get preapproved for a mortgage - AOL

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

   Final approval: The lender completely authorizes your application to borrow funds to buy a particular property. It thoroughly reviews your finances and pending purchase, including verifying ...

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. Closing documents: A guide for homebuyers - AOL

   www.aol.com/finance/closing-documents-guide...

   The note documents the promise you made to your mortgage lender to pay back the loan. It includes details about the home as well as the terms of the loan, including repayment. Deed

7. 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 ...

8. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   [5] [32] Typically, there are two forms in which the piggyback second mortgage can take. The more common of the two is the 80/10/10 mortgage arrangement in which the home buyer is granted an 80 percent loan-to-value (LTV) on the primary mortgage and 10 percent LTV on the second mortgage with a 10 percent down payment. [33]

9. 13 Tips On How To Get Preapproved for a Mortgage - AOL

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

   Nelson explained that to get preapproved for a mortgage, you will need to provide various financial documents such as pay stubs, tax returns, bank statements and any other relevant paperwork.