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“Pre-Qualified”? What does it mean? - Classic Homes Northwest
Oct 1, 2010 . Definition: Pre-qualified means a loan officer has determined a borrower is financially able and credit worthy to qualify for a certain loan without .

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  • Prequalification – Prequalification Definition
    Find the definition and an explanation of Prequalification using LendingTree's online glossary of common loan-related terms.

  • Definition of Pre-Qualification - Defined Loan Terms
    Loan pre-qualification is the process that determines how much loan a prospective homebuyer may be able to borrow before he or she applies for a loan or is .

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  • Home Loan prequalification
    Definition: Prequalified means a loan officer has determined a borrower is cedit worthy and financially able to qualify for a certain loan. At the time of writing, .

  • Pre-qualification - Wikipedia, the free encyclopedia
    Pre-qualification is a term of art in retail finance, and means that a loan officer has taken some information from the borrower, and made a tentative .

  • Definition of a Prequalification for a Mortgage | Home Guides | SF Gate
    A lender can provide a potential home buyer a certificate of prequalification, which specifies the home loan amount he qualifies for. Such prequalification gives .

  • Pre-qualification: Definition from Answers.com
    It is important to note that the pre-qualification amount is not a guaranteed amount that would be receive from a financial institution if you applied for a loan but is .

  • Preapproval or Prequalification: What's the Difference - Compliance ...
    The use of preapproval and prequalification programs, which emerged in the early . a common industry definition of "preapproval" as distinct from " prequalification" . a prequalification request is a request by a prospective loan applicant for a .

  • Pre-Qualification Definition | Investopedia
    It is important to note that the pre-qualification amount is not a guaranteed amount that would be receive from a financial institution if you applied for a loan but is .

  • FDIC: Mortgage Loan Prequalifications
    Dec 11, 1995 . questions about mortgage loan prequalification programs frequently . ifications, that meet the Regulation B definition of an “application.” .

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  • Definition Loan Prequalification
    Definition Loan Prequalification, Loan prequalification involves analyzing and sanctioning loan applications amounting less than $250000 by SBA before these .

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  • Pre-qualification Definition | Redfin
    Jan 7, 2011 . Real Estate Glossary > P > Pre-qualification Definition . Our Home Buying Guide has in-depth information on home loans, pre-approval, and .

  • What does “pre-qualify” mean in terms of a mortgage? : Real Estate ...
    Aug 27, 2008 . The term “pre-qualify” does not have a standard definition. . Most pre- qualification letters are NOT absolute loan commitments, but instead .

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  • Knowing the difference between a pre-qualification letter & a pre ...
    Mar 15, 2011 . Getting pre-approved over being pre-qualified, what does it all . A good loan officer doesn't run around flying around pre-approvals unless they've done the work." Is there any real true definition that the mortgage bankers .

  • Loan Prequalification Calculator - Keysbank First State Bank Florida ...
    Loan Prequalification Calculator. Use this calculator as your first step in determining your ability to qualify for a loan. While this calculator can't guarantee you will .

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  • What is the Difference Between a Pre-Qualification and a Pre ...
    Dec 26, 2011 . While no legal definition exists for either term, a pre-qualification is, in general, a loan originator's guess as to your ability to qualify for a home .

  • What is a pre-qualification? - Maverick Funding Corp.
    For pre-qualification, the loan officer asks you a few questions and provides you with a . Fannie Mae's charter to expand the definition of the “conforming” loan.

  • Prequalify: Definition from Answers.com
    . may be able to afford a home up to a specific price. Prequalification differs from pre-approval, whereby a lender agrees to a loan amount for that borrower.

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  • Pre-Qualified Vs. Pre-Approved - What's The Difference?
    Oct 26, 2007 . Getting pre-qualified is the initial step in the mortgage process, and it's generally fairly simple. . Loan pre-qualification does not include an analysis of your credit report or an in-depth . Defining The 3 Types Of Investments .

  • What Does it Mean to Be Pre-Qualified for a Home Loan? | Home ...
    Prequalification results reveal the maximum loan amount for which you would qualify. The lender will tell you how much you'll need for a down payment on the .

  • Getting Pre-Qualified For A Loan
    Before you progress too far into the home-buying process, it's a good idea to talk with a lender about pre-qualifying for a loan. Pre-qualification will let you know .

  • Loan prequalification calculator
    Bankrate.com provides a FREE loan prequalification calculator and other mortgage loan payments calculators.

  • The difference between pre-approval and pre-qualification? | The ...
    Jan 7, 2009 . “Pre-Qualification” simply means you have provided your income, assets . As you can see from these definitions, getting a loan pre-approval is .

  • Mortgage Pre-qualification Versus Mortgage Pre-approval
    Jul 28, 2010 . Definition Of A Home Buyer Mortgage Pre-qualification. When a home buyer gets Pre-qualified by a mortgage loan officer, prior to purchasing a .