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Phrases with «prequalification letter»

A prequalification letter is a document from a lender that states how much money a person can borrow to buy a house. It helps potential homebuyers know how much they can afford before they start looking for a home. Full definition

Sentences with «prequalification letter»

  • In the past, many buyers opted for the easier - to - obtain prequalification letter. (sammamishmortgage.com)
  • This case highlights problems with prequalification letters or preapproval letters. (realtormag.realtor.org)
  • What's the difference between getting prequalification letter, a preapproval letter and a loan commitment letter? (us.axa.com)
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