This process is what’s called getting pre-approved for a mortgage home loan. Getting pre-approved for a mortgage loan is not a guarantee and it does not obligate the issuing bank in any way, however a mortgage loan preapproval can give you and give sellers confidence that you can get approved for a mortgage the kinds of homes you want to buy.
Guaranteed personal loan approval for bad credit. If you have bad credit and have been turned down when applying for personal loans, you are not completely out of luck. You will come across lenders that have “guaranteed personal loan approval for bad credit” offers.
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Aarron: What we did was a pre-approval at a big bank. The pre-approval was good for 90 days. If we made an offer during that time we just called the mortgage rep and had him draft a letter that showed us pre-approved for the amount of the offer.
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“We were happy to learn that PML completed an interface with the federal housing admistration’s (FHA) TOTAL Mortgage Scorecard loan approval platform in January. Their training and Instant Support.