Pre-approval Principal Real-estate owned 
AAOA
MAY 22, 2025
Step 2: Get Pre-Approved or Prepare to Raise Capital Before you make offers, get your finances in order. Prepare a personal financial statement and schedule of real estate owned (if applicable). Talk to lenders. Understand what size loan you can qualify for. Sample Investment Breakdown Lets say youre buying a $2.5
The Close
DECEMBER 29, 2022
How else would you and your clients understand how much is being paid in principal and interest over the years? If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Original principal balance. Pre-approval.
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