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Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference?

HomeLight

Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Learn More What’s a pre-qualification? But what exactly are they?

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How 2020 exposed a greater need for collaboration between real estate agents and LOs

Housing Wire

This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases. This response has an end-life and those looking towards the future sense a renewed focus on more quality lead generation as the refinance boom draws to a close. VL: So many areas could benefit by embracing digitalization.

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How to Beat a Contingent Offer on the House You Want

HomeLight

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get Started 1.

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Buy Your First Home in Massachusetts: 15 Questions Answered

Realty Biz

This includes checking your credit score, saving for a down payment, and getting pre-approved for a mortgage. This includes checking your credit score, saving for a down payment, and getting pre-approved for a mortgage. What Is a Mortgage Pre-Approval? What Are Closing Costs? Buying your first home is a big deal.

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Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

“While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? So is seeking pre-approval a good idea for you?

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Home pricing rules: don’t go if you don’t know

Housing Wire

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Not prequalifying is unprofessional and can waste your time and the sellers. Always prequalify, 100% of the time! Price it to sell, not to sit. Shouldn’t it be you?

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Opinion: Is the lending market overcorrecting toward tech? Maybe

Housing Wire

Yes, a customer should be able to fill out a pre-qualification application digitally. Rates are rising. Refinances are falling. Inventory is contracting. Application fallouts are worsening. It’s getting harder out there. This is not an Amazon order. There are two critical problems with this. We’re not cavepeople. What a borrower wants.

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