Loan Approval Definition

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Posted on October 25, 2018 at 18:29 PM

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Recent Posts For Loan Approval Definition

Preapproval Definition |
Preapproval is the state of becoming eligible for debt from a financial institution, whether that means a loan or a revolving line of credit.
Loan terminology glossary | UCOP
Pre-approval: Certificate of Pre-Approval issued by the Office of Loan Programs that states a borrower’s credit, assets and income have been verified and the applicant qualifies for a Program loan at a specified amount and interest rate.
When is Your Mortgage Loan Approved? | LendingTree
Learn when your home loan is officially considered approved. Find out about the preliminary approvals and other steps along the way leading up to mortgage final approval.

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