Thursday, September 16, 2010

UNDERSTANDING THE PRE-APPROVAL PROCESS


Loan shopping is as intricate a process as house shopping, and the terminology is often confusing. The terms “pre-qualification” and “pre-approval” sound like the same thing, but they’re not. And in fact, neither pre-qualification nor pre-approval means a bank actually has to give you the loan. Clear as mud, right? … Read more

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