Phrases with «loan prequalification»

Loan prequalification is a process where a lender assesses your financial situation to determine if you qualify for a loan and how much you may be eligible to borrow. It gives you an idea of how much money you may be able to borrow for a home or other large purchase before actually applying for the loan. Full definition

Sentences with «loan prequalification»

  • Let's take a closer look at having a mortgage discharged in a Chapter 7 bankruptcy and what that can mean for VA loan prequalification. (veteransunited.com)
  • We also have a unique department that helps service members and veterans develop their own plan (for free) to repair their credit and get ready for loan prequalification. (veteransunited.com)
  • You can think about loan prequalification as a «first interview» of sorts. (veteransunited.com)
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