The Power of Mortgage Pre-Approval [INFOGRAPHIC]
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Some Highlights
- Mortgage pre-approval means a lender has reviewed your finances—like income, debt, and credit history—and determined how much you’re qualified to borrow.
- Being pre-approved can give you clarity when planning your homebuying budget, confidence in your ability to secure financing, and a competitive edge in a bidding war.
- In today’s market, getting pre-approved could be the game-changer that helps you land your dream home.