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2. How to get preapproved for a mortgage - AOL

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

   The lender gives your finances a brief overview and, based on that, agrees in principle to loan you funds. Final approval: The lender completely authorizes your application to borrow funds to buy ...

3. 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.

4. Prequalified vs. preapproved: What’s the difference? - AOL

   www.aol.com/finance/prequalified-vs-preapproved...

   A mortgage preapproval is a letter or written statement specifying your maximum loan amount and the lender’s commitment to fund the loan if your financial situation remains unchanged.

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

   Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

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 ...