The pre-approval was good for 90 days. If we made an offer during that time we just called the mortgage rep and had him draft a letter that showed us pre-approved for the amount of the offer. If we had gone past the 90 days we could have waited until we were ready to make another offer before we got pre-approved again.
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A mortgage pre-approval will help you determine the maximum amount of money you may be able to borrow for your dream home. Make an appointment with a TD Mortgage Specialist to learn more about the mortgage pre-approval when buying a home.
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A preapproval shows how much you’ll be eligible to borrow when you decide to make an offer on a home. Your preapproval is based on your credit score, income, assets, debts, employment history and other financial information. Further along in the mortgage process, we’ll ask you for documentation to verify this information.
Get Pre-Approved. Find a lender who can offer competitive mortgage rates and help you with pre-approval. Enter the ZIP code where you plan.
A mortgage pre-qualification can be useful as an estimate of how much you can afford to spend on your home, but a pre-approval is much more valuable because it means the lender has checked your.
The first steps in the home loan process is to get pre-qualified for a mortgage. Apply online to submit your information to one the top mortgage lenders in Dallas .
Discover five good reasons to get pre-approved for a mortgage. – Getting a mortgage pre-approval. apply online with real-life experts at every step. Get pre-approved. Unlike prequalification, pre-approval tells you the exact amount you can borrow, while allowing you to lock in your interest rate for 90 days.
Get RateShield Approval after speaking with a Home Loan Expert and lock your interest rate for up to 90 days. If rates go up, your rate stays the same. If rates go down, your rate may drop. Either way, you win! 1; Ready to get approved so you can go house hunting? Start online or call a Home Loan Expert at (800) 251-9080.
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