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If you’re like most people, you are content to live a modest, middle-class existence, built around the small pleasures of home, family, friends and civic duty, even as your long-term plan is to become.
A mortgage preapproval means that a lender has committed to issue a home loan of a specific dollar amount based on an extensive application process; prequalification is less formal and means that.
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Why Do Real Estate Agents Ask For A Pre-Approval One of the most common home buying myths that exists is that when buying a home, you should find a home before getting a pre-approval. There are some real estate agents who will show a home, or several homes, to a buyer without knowing whether a buyer is pre-approved or not.