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There are many advantages to getting preapproved when shopping for homes. From budgeting to streamlining closing, we cover it all. Read more.
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Mortgage pre-approval: Making it official. pre-approval shows you have the resources to make the purchase and it helps you act quickly when you find the perfect home. From the sellers’ point of view, a pre-approved buyer is more attractive than someone who says they can buy a house but have nothing but their word to back up their offer.