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5 Things You Need to Be Pre-Approved For a Mortgage. Potential buyers benefit in several ways by consulting with a lender and obtaining a pre-approval letter. First, they have an opportunity to discuss loan options and budgeting with the lender. Second, the lender will check on their credit and alert the would-be buyers to any problems.
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Home Loan Pre-Approval. The loan amount is based on your credit score, income, assets, debts, employment history. What You'll Need to Get Pre- Approved. After we receive all the required documentation, we can typically complete a.
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