The Real Estate Encyclopedia
Why Should I Get Pre-Approved?
Category - Mortgage Questions - Mortgage Loans FAQ's

When a buyer is pre-approved for a loan, the seller knows that the prospective buyer has the financial ability to purchase the property. The lender will provide a letter of pre-approval which is presented to the seller along with the offer to purchase.

 
Category(s)
Mortgage Questions - Mortgage Loans FAQ's
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