Mortgage preapproval is tentative approval that can help you understand how much you may be able to borrow. Learn how it works.
Here’s what you need to know about how to get a mortgage prequalification or preapproval, and how it helps in the homebuying process.
If you’re at the start of your homebuying journey, getting preapproved for a mortgage is one of the first steps. ; Preapproval helps you determine your budget and show sellers you’re serious about buying. That can make a critical difference in a competitive real estate market. ; Below, CNBC Select breaks down how a mortgage preapproval works, why it’s a good thing and more.
Discover the steps to secure mortgage preapproval and why it's important for your homebuying process.
A mortgage preapproval will give you a good idea of your home loan options, price range, and how much your monthly payment might be. Learn how to get preapproved.
If you’re ready to make your dream of owning a home a reality, you’ve probably already heard that you should consider getting prequalified [1] or preapproved [2] for a mortgage. It’s time to understand exactly what each of those terms means and how they might help you. And when you’re working toward a goal this big, you want every advantage. Ready to prequalify or apply? Get started · Prequalification is an early step in your homebuying journey. When you prequalify for a home loan, you...
Ready to get a head start on your home buying journey? Get preapproved for a SoFi mortgage online in minutes. View your rate and start house hunting with confidence.
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Online mortgage lenders make it easy to shop rates and apply for a mortgage online. Browse our picks for the best online lenders.
Citibank offers a mortgage preapproval program that includes a “commitment to lend,” which can give you a leg up in a competitive housing market.