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A pre-approval letter is not an offer to lend, a commitment to make a loan, or a guarantee of specific rates or terms. It is is not an application for credit. Also, having a pre-approval letter does not guarantee that an offer you make on a home will be accepted by a seller. Get pre-approved and see how much you can afford
Loan prequalification calculator Calculate your loan prequalification and more When figuring out how to qualify for a home loan, it helps to determine your ability to qualify.
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These are important questions to answer if you want to pre-qualify for a home loan, and our loan prequalification calculator is a great tool to help you get started. Compare rates Mortgage rates
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Get Pre-Approved Before you start shopping for a home, consider getting pre-approved for your loan. A pre-approval will show sellers you’re a serious buyer and give you a competitive advantage during the bidding process.
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Here's everything you need to know about how to get pre-approved for a home loan.. Prequalification or pre-approval are virtually the same thing. Both refer to .
Take the first step by getting prequalified. After you find the right home, getting the right mortgage is the next important decision you’ll make in the homebuying process. Being prequalified by a mortgage lender lets you know how much you can borrow. To be sure you’re getting the best deal, talk with multiple lenders and compare their mortgage interest rates and loan options.