Fact checked by Betsy Petrick If you're in the midst of the homebuying process, you're probably familiar with pre-approval: the process of completing a mortgage application with a mortgage lender to ...

A 15-year loan vs. a 30-year loan: Most people opt for a 30-year mortgage loan since it means smaller monthly payments over a ...

Keep in mind a mortgage pre-approval letter doesn’t mean that you’ll actually get the loan. Instead, it tells a seller that the lender will likely approve your loan application. How to Get Pre ...

If you’re in the market for buying a home, it’s always wise to start by getting pre-approved. But Trent Olson, vice president ...

“Mortgage loan approval is offered when a loan file has been reviewed by the underwriter and deemed eligible for financing,” says Shahwan. “This is not a full and final commitment letter but ...

Get a mortgage pre-approval and find lenders in your area today! Our simple online form will guide you through the process step by step. This device is too small. If you're on a Galaxy Fold ...

Online lender Rocket Mortgage has added bridge loans, short-term financing for the gap between buying a new house and selling ...

A mortgage preapproval shows what you may qualify for based on an initial review of your finances. You'll usually need a preapproval letter to start making offers on homes, since it shows you're a ...

A mortgage preapproval is a statement of how much money a lender is willing to let you borrow to pay for a home. Getting preapproved means it’s unlikely you’ll fail to get financing, and it ...

If you have a conditional approval, you should avoid making any big changes to your finances that could result in the loan's denial. When a lender reviews a mortgage application, it might find ...