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VA removes pre-approval process for some loans?

Housing Wire

The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. Loan closings could not proceed until the VA issued its approval, which resulted in a drawn-out process. appeared first on HousingWire.

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Does a Mortgage Pre-Approval Expire?

RIS Media

Before you buy a home, unless you have the cash to purchase outright, you’ll need to get pre-approved. Understanding how mortgage pre-approvals work is essential. This means finding a lender that offers the type of mortgage you want and then going through the pre-approval process.

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How Do Mortgage Pre-approvals Work?

RIS Media

An essential part of the home-buying process is getting pre-approved for a mortgage. When your lender has checked your finances, they will issue a pre-approval letter. A common question among buyers is how long it takes to… The post How Do Mortgage Pre-approvals Work?

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The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Keeping Current Matters

Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.

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Understanding a Loan Pre-Approval 101

Realty Biz

Glossy online listings behind your computer screen might fuel your dream home fantasy, but the home-buying process truly begins in earnest when a lender is contacted to be pre-approved for a mortgage. Once this process is complete, the lender will provide you with a pre-approval letter. Know Your Credit History.

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Why Pre-Approval Is Key for Homebuyers in 2022

Keeping Current Matters

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important?

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Pre-Approval Makes All the Difference When Buying a Home

Keeping Current Matters

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Bottom Line.