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How Long Is Mortgage Pre-Approval Good For? | realtor.com – To get pre-approval, the lender will review your financial information such as bank statements, pay stubs, W-2s or 1099s, a year or two of your If you are in a competitive market, a pre-approval letter is often needed for your offer to be taken seriously. How long does your mortgage pre-approval last?
How to Get a Pre-Approval Letter for a Mortgage Loan – To get a pre-approval letter, it means that a lender has reviewed employment, credit and financial history to determine which loan programs you qualify for, the maximum amount that you can borrow, and the interest rates you will be offered.
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Get Approved for a Mortgage – Quicken Loans – An approval letter gives you an estimate of your loan amount, monthly payment and interest rate. Make a Confident Offer Getting approved shows sellers and real estate agents a lender is willing to give you a mortgage.
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Prequalify for Mortgage | Home Lending | Chase.com – Being prequalified or conditionally approved for a mortgage is the best way to know how much you can borrow. A prequalification gives you an estimate of how much you can borrow based on your income, employment, credit and bank account information.
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