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Take Advantage of Loan Pre-Qualification
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The Advantages |
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Know how much house you can afford. |
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Know how much cash you will need for the down payment. |
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Simplifies pre-approval. | | |
A number of factors determine the price range of homes you'll want to preview - one of these factors is loan pre-qualification.
Items considered when pre-qualifying for a mortgage loan include:
- Employment History
- Credit History and Scores
- Monthly Income and Expenses
Your FICO score |