Home loan Pre-Approval Q&A – Getting Pre-Approved for the Loan

Reader question: “we’re looking to purchase a home within the future that is near. A pal of ours that is a realtor stated we must get pre-approved for a mortgage loan. I have started researching this, and today i am a lot more puzzled than I happened to be prior to. Just what does the process that is pre-approval? Just exactly How will it be not the same as pre-qualification? “...
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