Learn the difference between mortgage pre-qualification and pre-approval. We also break down what’s required from the ...

Learn how to get preapproved for a mortgage, including requirements and how preapproval differs from prequalification.

Note that a letter of employment doesn’t guarantee you’ll be approved for a mortgage loan. However, it is required to help the lender assess your ability to repay the loan. If you have any ...

Stretching your budget to buy a home you fall in love with is another first-time homebuyer mistake to avoid. With high home prices and mortgage rates, sticking close to your budget and not ...

As a first-time buyer, it can be hard to know how much home you can afford. This is why getting pre-approved for a mortgage is important.

Prequalifying for a mortgage loan helps you to understand how much ... Get a preapproval letter. If approved, you’ll receive a preapproval letter that states the loan amount you qualify for.

You only need one mortgage preapproval letter to shop for homes ... that you can start preparing to close on the loan. After a lengthy approval process, you're finally nearing the finish line.