Found 1 blog entry tagged as pre-approved.

Realtor.com writes, "Getting pre-approved for a mortgage before you make an offer on a house is a smart idea. Why? For one, it can help you get a handle on how much house you can afford. Pre-approval can also help you stand out from the sea of other homebuyers in a competitive housing market. In short, it ups that odds that your home-buying journey will be smooth and successful.

Here’s why mortgage pre-approval matters, and how it can give you an edge when shopping for a home.

The meaning behind a mortgage pre-approval

Mortgage pre-approval is a commitment from a lender to provide you with home financing up to a certain loan amount—basically, the stamp of approval that you have the money, credit history, and other credentials to buy a home up…

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