Real Estate Terms |
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| Pre-Approval | When you work with your lender to get pre-approved, you are getting an indication of how much money you will be eligible to borrow when you apply for a mortgage. This process occurs before you complete an application for a loan.Pre-approval includes a screening of a borrower's credit history, and all information you give to your lender will be verified when you apply for your mortgage. | |
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| Glossary V2.0 | ||
