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How Are Pre-Qualifying And Pre-Approval Different?
Watch this video and it’ll make sense.
Pre-qualification is an informal way to see how much you maybe able to borrow. You can be 'pre-qualified' over the phone with no paperwork by telling a lender your income, your long-term debts and how large a down payment ...
What Is The Best Way To Compare Loan Terms Between Lenders?
Watch this video and take a few notes!
First, devise a checklist for the information from each lending institution. You should include:
the company's name and basic information
the type of mortgage
minimum down payment required
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