Mortgage pre-approval . prequalification – .. bank, Mortgage prequalification: a smart place to start while this number is informative, keep in mind how much you may qualify to borrow is often more than how much you can afford to spend on your new home and still have money left over for the other important things in your life; like furniture for your new home..
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Pre-qualified pre-approved: ‘ difference?, The initial pre-qualification step allows you to discuss any goals or needs you may have regarding your mortgage with your lender. at this point, a lender can explain your various mortgage options.
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